After U.S. stocks' worst day in four years, the Dow Jones Industrial Average jumped more than 300 points shortly after the opening bell Tuesday. The sharp rebound "erases nearly all of yesterday's losses," Reuters reports. The recovery follows China's central bank's decision to cut its key interest rate to support growth.
At the closing bell Monday, stocks had risen from their more than 1,000-point drop in the morning, but still were down about 3.6 percent at 588 points. Analysts say stocks are expected to continue the upward climb throughout the day Tuesday.
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