Major U.S. stock indexes higher on Tuesday as investors recovered from a bruising selloff on the first trading day of the year. Stock markets plunged on Monday after weak Chinese economic data rekindled fears of a global slowdown, prompting a near-$20 billion injection by the People's Bank of China to stabilize its markets. U.S. stocks closed sharply lower on Monday, with the Dow making its worst start to a year since 2008. Weak U.S. factory data also added to the worries.
Most of Dow stocks in positive area (18 of 30). Top looser - American Express Company (AXP, -2,23%). Top gainer - Wal-Mart Stores Inc. (WMT, 1.87%).
Almost all S&P sectors also in positive area. Top looser - Basic Materials (-0,7%). Top gainer - Conglomerates ( 1,2%).
At the moment:
Dow 17037.00 -48.00 -0.28%
S&P 500 2006.50 -2.50 -0.12%
Nasdaq 100 4492.75 -11.75 -0.26%
Oil 36.39 -0.37 -1.01%
Gold 1076.90 1.70 0.16%
U.S. 10yr 2.25 0.01