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Stock market live Tuesday: S&P first up day in 5, Powell says more stimulus needed, 'FAANG is back'

Stocks rose on Tuesday as the major averages attempted to bounce back from recent weakness. The S&P 500 and Nasdaq Composite were coming off four straight days of losses for the first time since February, while the Dow had posted three consecutive negative days. Market sentiment was hurt on Tuesday after U.K. Prime Minister Boris Johnson announced further restrictions aimed at stemming the spread of Covid-19.