NEW YORK (AP) — Stocks rose broadly on Wall Street Tuesday, clawing back some of the bottom they misplaced of their worst weekly drop for the reason that starting of the pandemic.
The S&P 500 was up 2.4%. The benchmark index remains to be down roughly 22% from the report excessive it set in January.
The tech-heavy Nasdaq was up 2.9% and the Dow Jones Industrial Average was up 1.7%.
Kellogg rose 2.1% after the maker of Frosted Flakes and Rice Krispies stated it might break up into three corporations.
European markets have been additionally larger and Asian markets closed combined in a single day.
The yield on the 10-year Treasury rose to three.30%.
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