Oversold stocks rise for second straight day; China shares rise

January 12, 2016 3:53 PM

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Oversold stocks rise for second straight day; China shares rise

After its worst battering to start a year ever, U.S. stocks were higher in morning trading Tuesday as traders react to a second straight day of market stability in China.

Just when it looked like stocks would never go up again, the tide shifted slightly on Monday with the Dow Jones industrial average edging higher by 52 points, relieving some of the bearish pressure that has weighed on Wall Street since the start of the year. Now, investors are eyeing a second day of...

Also read: China's economy faces overcapacity problems, financial risks rise- Xinhua

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