Dow gains 500 points, books best day in a month as stocks rally

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Stocks finished sharply higher Tuesday as energy prices pulled back and investors combed through another batch of corporate earnings. The DJIA gained about 502 points, or 1.5%, to end near 34,912, marking its biggest daily percentage climb since March 16.

Stocks finished sharply higher Tuesday as energy prices pulled back and investors combed through another batch of corporate earnings. The Dow Jones Industrial Average DJIA, +1.45% gained about 502 points, or 1.5%, to end near 34,912, marking its biggest daily percentage climb since March 16, according to FactSet. The S&P 500 index SPX, +1.61% rose 1.6% and the Nasdaq Composite Index COMP, +2.15% advanced 2.2%.

The rally on Wall Street came despite warnings from the International Monetary Fund that Russia's war in Ukraine will lead to a significant pullback in global economic growth in 2022. A top IMF official on Tuesday also told MarketWatch that financial markets have yet to anticipate how high the Federal Reserve will need to raise interest rates to get a grip on inflation at a 40-year high. U.S. crude prices CL00, -5.08% fell more than 5% to settle near $102 a barrel.

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Indian market lost 1800 plus points in just 2 days session. It looks weird. Is the market moving on the fundamentals of the business entities or at whims and fancies of brokers and government agencies? It is looking like a big nexus of rich people

When I lost my job, I thought I have lost it all. With the little cash of $2000 I got $18,300 within a week trade, she may not know but really she have save me Nelly_wa_Macha

What a wonderful performance by Dow

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