NEW YORK (
) -- U.S. stocks gained ground Tuesday as investors took their cue from
and new stimulus measures in China.
Dow Jones Industrial Average
rose 126 points, or 1%, to close at 12,580.69. The
increased 14.6 points, or 1.1%, to finish at 1332.42 and the
gained 33 points, or 1.2%, to settle at 2871.
Breadth within the Dow was positive with 28 of the index's 30 components posting gains.
The biggest percentage gainers were
Bank of America
Shares of Bank of America rose 4.06% to $7.44. Wells Fargo analyst Matt Burnell lowered his valuation ranges for
Bank of America has risen 33.81% year to date.
United Technologies shares rose 2.83% to $75.09 on heavier than normal volume. The stock has gained 2.74% year to date.
Shares of Caterpillar increased 2.87% to $92.52. The stock has risen 2.12% year to date.
Alcoa shares gained 3.01% to $8.89 on slightly elevated volume. The stock has increased 2.77% year to date.
The two Dow stocks that finished Tuesday down were
. Neither stock lost more than 1%.
Written by Alexandra Zendrian in New York
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