Skip to main content

U.S. stocks are opening higher as the market shakes off a three-day slump.

The Dow Jones industrial average was up 109 points, or 0.7 per cent, to 16,430 as of 9:38 a.m. Eastern time Tuesday.

The Standard & Poor's 500 rose 14 points, or 0.8 per cent, to 1,889. The Nasdaq composite rose 36 points, or 0.9 per cent, to 4,250.

The stock market is coming off a three-day slump. The Dow closed 222 points lower on Monday after a late-afternoon slide. The Dow is down 1 per cent for the year, and the S&P 500 index is up 2 per cent.

Micron Technologies rose 5 per cent, the most in the S&P 500.

Crude oil fell $1.02 to $84.70 a barrel.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.21 per cent.

This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.

Interact with The Globe