Wall Street opens higher as oil prices stabilise

The Dow Jones industrial average was up 140.46 points, or 0.88%, at 16,114.3

U.S. stocks opened higher on Tuesday as cautious investors looked for bargains among beaten-down stocks and as oil prices stabilised.

The Dow Jones industrial average was up 140.46 points, or 0.88 percent, at 16,114.3.

The S&P 500 was up 15.98 points, or 0.86 percent, at 1,880.76.

The Nasdaq Composite was up 63.86 points, or 1.47 percent, at 4,401.37.