Wall Street’s main indexes opened higher on Tuesday, as economically sensitive stocks rebounded following a sharp selloff in the previous session, while shares of IBM jumped on strong second-quarter results.
The Dow Jones Industrial Average rose 333.61 points, or 0.98 per cent to 34,295.65. The S&P 500 rose 26.31 points, or 0.62 per cent to 4,284.80, while the Nasdaq Composite rose 41.81 points, or 0.29 per cent, to 14,316.80.
