Stocks log sharp gains to end near session highs as yields pull back

Stocks rallied sharply on Tuesday, finding support as investors weighed a stream of earnings and a retreat in Treasury yields. The Dow Jones Industrial Average
DJIA,
+1.07%
rose nearly 340 points, or 1.1%, to close near 31,837, according to preliminary figures, while the S&P 500
SPX,
+1.63%
advanced around 62 points, or 1.6%, to finish near 3,859. The Nasdaq Composite
COMP,
+2.25%
ended near 11,199, up around 247 points, or 2.3%.