NEW YORK—U.S. stocks rallied Tuesday as Treasury yields eased, but Wall Street remains wobbly as investors wait for more clarity on where interest rates, inflation and the economy are heading.
The S&P 500 climbed 39.25 points, or 1 percent, to 4,160.68 after reversing a morning loss of 1 percent. The Dow Jones Industrial Average rose 264.36 points, or 0.8 percent, to 33,180.14 after it also bounced between losses and gains throughout the day. The Nasdaq composite gained 113.86 points, or 0.9 percent, to 12,175.23.
