Stocks rise on Wall Street a day after broad sell-off

NEW YORK (AP) — Stocks rose in morning trading on Wall Street Tuesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year.

The benchmark index rose 1% in the early going, a day after sinking 3.2%.

Big technology stocks, which have been swinging sharply both up and down recently, were back in the green. That helped push the Nasdaq composite up 1.62%.

Apple and Microsoft each rose.

High-end exercise bike maker Peloton dropped 13% after reporting much worse results than analysts were expecting.

The yield on the 10-year Treasury fell to 2.97%.

Categories: National News