U.S. stocks staged a broad rebound Friday despite hotter August inflation, with the S&P 500 gaining about 0.9%-1%, the Nasdaq Composite rising roughly 1% and the Dow Jones Industrial Average climbing around 500 points. Investors focused on a sharp retreat in oil prices and long-term Treasury yields, which helped offset higher expectations for a Federal Reserve rate increase. The probability of a quarter-point Fed hike next week rose to roughly 85% from 67% before the inflation report. Brent crude fell more than 3% to around $104 a barrel after reaching $109.97, while WTI dropped back below $100. The 10-year Treasury yield slipped toward 4.94% after touching 4.9915%, and the 30-year yield eased toward 5.32% after reaching 5.424%. Core CPI eased to 2.4% year over year, supporting the view that much of the latest headline inflation pressure came from energy. Investors are now watching whether the rebound marks a durable reversal or a temporary recovery after four consecutive S&P 500 declines.