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Updated from 4:07 p.m. EDT
Stocks closed higher Tuesday, reversing earlier losses after the Treasury Department released a report that stopped short of accusing China of currency manipulation.
The Dow Jones Industrial Average rose 79.59 points, or 0.78%, to 10,331.88, after trading as low as 10,213.14 earlier in the session. The S&P 500 added 8.11 points, or 0.7%, to 1173.80. The Nasdaq Composite rose 9.72 points, or 0.49%, to 2004.15.
The Treasury Department said in a report to Congress that China's currency policies are causing market distortions and endangering economic growth, but declined to classify the country as an offender under a federal currency manipulation statute. ...
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