NEW YORK (AP) — U.S. stocks rose for the third day in a row Tuesday, led by banks, retailers and technology companies. The rebound over the last few days follows a harrowing drop of more than 10 percent over the previous two weeks.
The Standard & Poor’s 500 index climbed 6.94 points, or 0.3 percent, to 2,662.94.
The Dow Jones industrial average picked up 39.18 points, or 0.2 percent, to 24,640.45.
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The Nasdaq composite jumped 31.55 points, or 0.5 percent, to 7,013.51.
The Russell 2000 index of smaller-company stocks added 3.97 points, or 0.3 percent, at 1,494.95.
For the week:
The S&P 500 is up 43.39 points, or 1.7 percent.
The Dow is up 449.55 points, or 1.9 percent.
The Nasdaq is up 139.02 points, or 2 percent.
The Russell 2000 is up 17.11 points, or 1.2 percent.
For the year:
The S&P 500 is down 10.67 points, or 0.4 percent.
The Dow is down 78.77 points, or 0.3 percent.
The Nasdaq is up 110.12 points, or 1.6 percent.
The Russell 2000 is down 40.56 points, or 2.6 percent.