US markets reverse course, Dow up 350 pts
Stock exchanges in New York erased previous losses and the Dow Jones Industrial Average index soared over 350 points on Tuesday. Investor confidence seemingly improved in anticipation of the third-quarter corporate earnings season and consumer prices data due to be released later this week.
The Dow Jones was up 1.32% or 382 points, the Nasdaq 100 gained 0.37% and the S&P 500 rose by 0.68% at 12:45 pm ET.
The euro was 0.72% higher than the dollar, going for 0.97717 a minute later.