
Stocks started slow Tuesday as the hangover from Monday's broad-market beating lingered. However, a buy-the-dip mentality quickly settled in, with all three main indexes boasting big gains by the time the closing bell rang.
Indeed, after suffering their biggest one-day drops in two years, the Dow Jones Industrial Average jumped 0.8% to 38,997 and the S&P 500 added 1% to 5,240. Not to be outdone, the Nasdaq Composite surged 1% to 16,366 on strength in several mega-cap stocks.