U.S. stocks rallied, erasing yesterday’s tumble, sparked by the biggest advance in U.S. Steel Corp. in seven years and falling oil prices.
The Standard & Poor’s 500 Index added 28.83, or 2.3 percent, to 1,263.2, rebounding from a 1.9 percent slump yesterday. The Dow Jones Industrial Average gained 266.48, or 2.4 percent, to 11,397.56 after a 2.1 percent tumble yesterday. The Nasdaq Composite Index increased 55.4 to 2,319.62.
(Bloomberg.com)
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