NEW YORK (Reuters) – U.S. stocks rose on Tuesday, with the Nasdaq gaining more than 1 percent, as investors sought bargains following the market’s worst daily session since November and more companies reported results that beat Wall Street’s expectations.
The Dow Jones industrial average <.dji> was up 114.81 points, or 0.83 percent, at 13,994.89. The Standard & Poor’s 500 Index <.spx> was up 13.63 points, or 0.91 percent, at 1,509.34. The Nasdaq Composite Index <.ixic> was up 30.81 points, or 0.98 percent, at 3,161.98.</.ixic></.spx></.dji>
(Reporting By Angela Moon; Editing by Kenneth Barry)
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Wall Street extends gains; Nasdaq up 1 percent
