U.S. stock indexes opened higher on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth companies and banks that were hammered in a rout last week on worries over a global economic downturn.
The Dow Jones Industrial Average rose 185.91 points, or 0.62 percent, at the open to 30,074.69. The S&P 500 opened higher by 40.47 points, or 1.10 percent, at 3,715.31, while the Nasdaq Composite gained 175.70 points, or 1.63 percent, to 10,974.05 at the opening bell.