U.S. Stocks End 5-day Losing Streak, Post Solid Gains
U.S. stocks rebounded Tuesday, snapping a five-day losing streak. A slowing selloff in China along with better-than-expected earnings reports sparked a relief rally on Wall Street, with the main indexes posting solid gains. The S&P 500 gained 25.61 points, or 1.2%, to 2,093.25. The Nasdaq Composite added 49.43 points, or 1%, to 5,089.21. The Dow Jones Industrial Average ended the day up 189.74 points, or 1.1%, to 17,630.27.
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