Home prices in April were 3.5% higher than a year earlier, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.Real Estateread more
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
Investors are piling into gold, sending the precious metal to a six-year high on Monday, and analysts think the commodity has established a base to go even higher.Marketsread more
The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
The Congressional Budget Office estimated Tuesday that the national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency...Economyread more
Amazon announces that Amazon Prime Day will last for two days, starting July 15.Technologyread more
Joe Biden could face some uncomfortable questions about his record on women this week at the first Democratic presidential debates in Miami.2020 Electionsread more
Gold prices hit their highest level in six years on Tuesday as investors plowed into the precious metal amid the prospects for lower interest rates, a softer global economy...Marketsread more
FedEx sued the U.S. to block it from enforcing rules requiring it to police packages coming into the U.S. that may pose a threat to national security — placing the shipping...US Marketsread more
FedEx heads into Tuesday afternoon's earnings deep in a bear market. A failure to deliver could mark a massive buying opportunity.Trading Nationread more
"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
U.S. stocks rose on Tuesday, with equities regaining some footing after the prior day's rout that shaved more than 300 points off the Dow Jones Industrial Average.
"Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," said Robert Pavlik, chief market strategist at Banyan Partners.
Starting with the manufacturing report out a China a few weeks ago, and continuing with trouble in other emerging-market countries including Turkey and Argentina, "put it all together, and it's a good excuse to sell some stocks and get this correction going," said Pavlik, who believes the decline did not end with Monday's rout.
Equities maintained their gains after data had factory orders falling 1.5 percent in December after a 1.5 percent gain in November.
Economic reports on Wednesday were more likely to be market moving, with the ADP employment report coming ahead of Friday's nonfarm payrolls report for January. Another report on the services sector could shed light on a portion of the economy that is less sensitive to weather.
Microsoft shares climbed after it named Satya Nadella as its chief executive officer. Yum Brands rose after the fast-food retailer posted quarter profit that exceeded expectations. Michael Kors Holdings surged after the handbag and accessories retailer hiked its profit and sales outlook. J.C. Penney shares fell sharply, turning course on premarket gains, after the retailer reported a modest gain in quarterly comparable sales but offered no details on gross profit margin. JPMorgan and Sterne Agee reduced the target price of the stock.
"There is some discretionary spending going on, if there is a company that personifies discretionary spending," said Pavlik of the results posted by Michael Kors.
After a 109-point rise, and a brief dip into negative terrain, the Dow Jones Industrial Average added 72.44 points, or 0.5 percent, to 15,445.24, and halted a four-session run of triple-digit moves, three of them to the downside.
Consumer discretionary and telecommunications fared best and utilities lagged among the 10 major sectors on the , which gained 13.31 points, or 0.8 percent, to 1,755.20.
The Nasdaq rose 34.56 points, or 0.9 percent, to 4,031.52
(Read more: Look out - Technicians see more selling)
For every share that fell, more than two gained on the New York Stock Exchange, where 836 million shares exchanged hands. Composite volume topped 4 billion.
The dollar edged higher against the currencies of major U.S. trading partners; the yield on the 10-year Treasury note used in figuring mortgage rates and other consumer loans rose 4 basis points to 2.625 percent.
U.S. stocks were hammered on Monday after a gauge of factory activity disappointed, increasing worries about the economy ahead of Friday's monthly jobs report.
On Tuesday, Fed Bank of Richmond President Jeffrey Lacker said the drop in global equities was unlikely to divert the Federal Reserve from its tapering of monthly asset purchases.
—By CNBC's Kate Gibson