Wall Street posted its sharpest rally of the year on Tuesday, as investors snapped up beaten-down stocks a day after the market's worst performance in four years on fears about China's economy.
Financial markets also got a boost from China's second interest rate cut in two months.
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
23:10 Tim Raines, Jeff Bagwell, Pudge Rodriguez elected to Baseball Hall of Fame18
11:20 PE firm Warburg buys $121 million stake in Indian cinema operator PVR14
17:04 How Pep Guardiola is handling his biggest challenge yet15