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Wall Street bounces back, helped by gold, data

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Reuters NEW YORK
Last Updated : Apr 16 2013 | 7:40 PM IST

NEW YORK (Reuters) - U.S. stocks rose at the open on Tuesday, rebounding from the worst day since November, after gold prices made a modest recovery and data on U.S. inflation and new home construction pointed to an improving economy.

The Dow Jones industrial average rose 100.75 points or 0.69 percent, to 14,699.95, the S&P 500 gained 10.75 points or 0.69 percent, to 1,563.11 and the Nasdaq Composite added 23.07 points or 0.72 percent, to 3,239.56.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

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First Published: Apr 16 2013 | 7:23 PM IST

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