Wall St. up on hope for recovery plan details
Stocks rose on Tuesday as investors bet U.S. Treasury Secretary Timothy Geithner would shed light on plans to shore up the financial system a day after Wall Street slumped to a 12-year low.
Bank stocks, among beaten-down sectors, were higher as bargain hunters swooped in. Bank of America
The Dow Jones industrial average <.DJI> added 76.07 points, or 1.12 percent, at 6,839.36. The Standard & Poor's 500 Index <.SPX> gained 9.79 points, or 1.40 percent, at 710.61. The Nasdaq Composite Index <.IXIC> rose 19.95 points, or 1.51 percent, at 1,342.80.
(Reporting by Deepa Seetharaman; Editing by James Dalgleish)
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