(Image by Gerd Altmann from Pixabay)
(CNBC) -- Stocks rose for a third day Tuesday, as Wall Street tried to recover its footing after a wild January.
The Dow Jones Industrial Average climbed 273.38 points, or 0.8%, to 35,405.24. The S&P 500 rose 0.7% to 4,546.54. The Nasdaq Composite advanced 0.7% to 14,346.
“After being wildly distracted in the month of January, investors and traders are finally refocusing on earnings season,” said Jeff Kilburg, chief investment officer of Sanctuary Wealth. “Seeing some of these beats and improved forward guidance has created a lot of optimism inside of this earnings season, which we kind of neglected due to the fact that the Federal Reserve took the center stage.”
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