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Stocks log sharp gains to end near session highs as yields pull back

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Stocks rallied sharply on Tuesday, finding support as investors weighed a stream of earnings and a retreat in Treasury yields. The Dow Jones Industrial Average rose nearly 340 points, or 1.1%, to close near 31,837, according to preliminary figures, while the S&P 500 advanced around 62 points, or 1.6%, to finish near 3,859. The Nasdaq Composite ended near 11,199, up around 247 points, or 2.3%.

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.

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