Wall St bounces back as bargain hunters move in

NEW YORK: U.S. stocks rebounded on Tuesday, buoyed by encouraging earnings, as the market attempted to steady in the wake of its largest selloff in months a day earlier.

The Standard & Poor's 500 fell nearly 3 percent over the previous two sessions, including Monday's slide, which was the worst drop for the benchmark index since June. The selloffs were triggered by weaker-than-expected U.S. data, as well as concerns over growth in China and the outlook for some emerging economies.