TODAY'S TOP STORIES

U.S. Stocks Close Sharply Higher Amid Bargain Hunting

With traders returning to their desks following the long holiday weekend, stocks moved sharply higher during trading on Tuesday. The major averages all showed strong moves to the upside after ending last Friday's volatile session mixed.

The major averages pulled back off their best levels going into the close but still posted substantial gains. The Dow jumped 641.47 points or 2.2 percent to 30,530.25, the Nasdaq surged 270.95 points or 2.5 percent to 11,069.30 and the S&P 500 spiked 89.95 points or 2.5 percent to 3,764.79.

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by RTTNews Staff Writer

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