Strong earnings, oil recovery drive indexes higher
By Abhiram Nandakumar(Reuters) – Wall Street rebounded sharply on Tuesday, driven by a set of strong corporate results and recovering crude oil prices, ahead of the Federal Reserve’s policy meeting and Apple’s results.
The Dow rose 1.5 percent, while the S&P 500 was up 1 percent. All 10 major S&P sectors were higher, led by the 2.15 percent rise in the energy sector <.SPNY>.
Crude prices jumped 3 percent on hopes that OPEC and non-OPEC producers would tackle an un
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