U.S. Stocks Rebound At Open; Dow Jumps More Than 300 Points

By Anora MahmudovaMarketWatch Pulse

U.S. stocks rebounded sharply on Tuesday, partially recovering from the brutal selloff during the previous session, as China's central bank cut interest rates. The S&P 500 opened up 41 points, or 2.2%, to 1,934. The Dow Jones Industrial Average gained 364 points, or 2.2%, to 16,220 at the open. The Nasdaq Composite began the day up 131 points, or 3% at 4,660.

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