U.S. stocks opened higher on Tuesday, recovering some of the steep losses suffered during the previous week. Investors were also focusing on earnings reports. Morgan Stanley Inc. shares jumped after quarterly earnings came in above analysts’ expectations. The S&P 500 opened 20 points, or 1.1%, higher at 1,900. The Dow Jones Industrial Average added 160 points, or 1%, to 16,149. Meanwhile, the Nasdaq Composite began the day up 58 points, or 1.3%, at 4,547.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News