Stocks Rise in Extended Rally, Clawing Back More Ground

Stocks Rise in Extended Rally, Clawing Back More Ground
Traders work on the floor at the New York Stock Exchange in New York on Oct. 4, 2022. Seth Wenig/AP Photo
The Associated Press
Updated:

The Dow Jones Industrial Average climbed more than 800 points and the S&P 500 had its best day in more than two years Tuesday as the market clawed back more of the ground it lost in a miserable several weeks on Wall Street.

The S&P 500 rose 3.1 percent, its best day since May 2020, as all but five of the stocks in the index notched gains. The benchmark index has been rallying since hitting its lowest point of the year on Friday to close out a September slump.