(CNBC) — U.S. stocks rose on Tuesday as the market’s recovery from the year’s sharp declines gained steam.
The Dow Jones Industrial Average jumped 431.17 points, or 1.34%, to 32,654.59. The S&P 500 gained 2.02% to 4,088.85. The Nasdaq Composite added 2.76% to 11,984.52.
Those gains marked the market’s latest attempt at a recovery following weeks of steep losses. The S&P 500 is coming off a six-week losing streak — its longest since 2011. The Dow, meanwhile, has fallen for seven straight weeks, marking its longest weekly slide since 2001. Year to date, the S&P 500 and Dow are down 14.2% and 10.1%, respectively.
The post Dow rallies 400 points as market comeback from the year's lows gains steam appeared first on WND.
Source: World Net Daily
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