Wall Street jumps more than 2 percent after earnings, data
U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies, including UnitedHealth and Goldman Sachs, and solid economic data, as equities rebounded from a recent sharp sell-off.
The S&P 500 registered its biggest daily percentage gain since March.
Based on the latest available data, the Dow Jones Industrial Average rose 547.81 points, or 2.17 percent, to 25,798.36, the S&P 500 gained 60.06 points, or 2.18 percent, to 2,810.85 and the Nasdaq Composite added 215.13 points, or 2.9 percent, to 7,645.87.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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