Epic Research Update : US Markets

US stocks ended higher on Tuesday, rebounding from a two-day decline as the hard-hit biotechnology sector regained its momentum and a strong read on consumer confidence increased optimism about the economy.

The Dow Jones industrial average rose 91.19 points, or 0.56 percent, to close at 16,367.88. The Standard & Poor’s 500 Index gained 8.18 points, or 0.44 percent, to finish at 1,865.62. The Nasdaq Composite Index advanced 7.88 points, or 0.19 percent, to end at 4,234.27.

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