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Tuesday, 26 January 2016

Wall Street rebounds, helped by oil, earnings


Wall Street rebounded over 1 percent on Tuesday, driven by a surge in oil prices and strong quarterly results from 3M, Johnson & Johnson and Procter & Gamble.

The Dow Jones industrial average .DJI rose 282.56 points, or 1.78 percent, to 16,167.78, the S&P 500 .SPX gained 26.52 points, or 1.41 percent, to 1,903.6 and the Nasdaq Composite .IXIC added 49.18 points, or 1.09 percent, to 4,567.67.

Source: www.reuters.com

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