Updated from 10:54 a.m. EST
Stocks in the U.S. were building on an opening bounce Tuesday, as General Electric (GE Quote) narrowed its earnings forecast and the Big Three automakers returned to Capitol Hill hoping to secure a bailout.
The Dow Jones Industrial Average was gaining 226 points to 8375, and the S&P 500 was better by 27 points to 843. The Nasdaq added 45 points to 1443.
During the previous outing, stocks sold off sharply as traders took profits from a sharp five-day rally in the blue-chip indices. The National Bureau of Economic Research also said that the economy has been in a recession since December 2007. At Monday's close, the Dow had lost 679.95 points, or 7.7% to 8149.09; the S&P 500 fell 80.03 points, or 8.9%, to 816.21; and the Nasdaq sank 137.50, or 9%, to 1398.07. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,087.27 | 2,138.44 | 32.22 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
23.36
|
DOWN
37.61
|
DOWN
0.57
|
10 Yr
3.22%
SPDR Gold
115.06
|
|
-1.48%
|
-2.10%
|
-1.73%
|
-1.74%
|
Data delayed 20 minutes |
Connect with TheStreet