Stocks closed higher on Wall Street as calm returned to the market a day after its biggest pullback in almost two years.
The S&P 500 rose 1 percent Tuesday, breaking a brutal three-day losing streak. The Dow Jones Industrial Average climbed 0.8 percent, and the Nasdaq composite added 1 percent. Strong profit reports from Uber and other companies helped support the market.
The vast majority of stocks climbed in a mirror opposite of the day before, when the unraveling of some popular trades and worries about the U.S. economy wracked markets. Treasury yields climbed, clawing back some of their sharp drops since April….
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