Stocks rising; Dow jumps 380 points at opening

August 25, 2015 1:32 PM

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Stocks rising; Dow jumps 380 points at opening

U.S. stocks followed global markets Tuesday with a rebound that brought the Dow Jones industrial average up about 380 points as trading began. Investors were expecting more volatility and watching the effects of the interest rate cut by China's central bank cut. Earlier, China's main stock index closed sharply lower for a fourth day.

In the first half-hour of trading Tuesday on Wall Street, the Dow retreated slightly from its opening jump and was up 365.8 points, about 2.3 percent, at 16,237.1. The Standard & Poor's 500 index rose 44.3 points, about 2.3 percent, to 1,936.4, and the Nasdaq composite gained 119.4 points, about 2.6...

Also read: Dow gains 100 points amid deluge of corporate news; real estate leads

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