U.S. stocks rallied on Tuesday and the Nasdaq soared more than 2 percent as weaker-than-expected producer prices increased hopes among investors that the Federal Reserve may not lift interest rates in the short term, according to Reuters. Based on the latest available data, the Dow Jones industrial average was up 126.47 points, or 1.14 percent, to end unofficially at 11,224.34. The Standard & Poor's 500 Index was up 16.90 points, or 1.33 percent, to finish unofficially at 1,285.11. The Nasdaq Composite Index was up 44.86 points, or 2.17 percent, to close unofficially at 2,113.90.
