Major U.S. stock-indexes posted their sharpest rally of the year on Tuesday, as investors sought out bargains a day after Wall Street's worst performance in four years on fears China's economy was slowing. Markets also got a shot of good news with China's second interest rate cut in two months. Analysts were cautious, however, and even with Tuesday's gains, the Dow and the S&P were on track for the their worst monthly losses since February 2009, while the Nasdaq was poised for its steepest monthly fall since November 2008.
Almost all of Dow stocks in positive area (28 of 30). Top looser - Merck & Co. Inc. (MRK, -0.44%). Top gainer - Apple Inc. (AAPL, +5.64).
All S&P index sectors in positive area. Top gainer - Conglomerates (+4,4%).At the moment:
Dow 16197.00 +488.00 +3.11%
S&P 500 1933.25 +62.00 +3.31%
Nasdaq 100 4186.50 +183.25 +4.58%
10 Year yield 2,11% +0,12
Oil 39.43 +1.19 +3.11%
Gold 1137.00 -16.60 -1.44%