U.S. stocks rise, snapping 2-day losing streak

NEW YORK, June 2 (Xinhua) -- U.S. stocks rallied on Thursday, snapping a two-day losing streak.

The Dow Jones Industrial Average increased 435.05 points, or 1.33 percent, to 33,248.28. The S&P 500 was up 75.59 points, or 1.84 percent, to 4,176.82. The Nasdaq Composite Index rose 322.44 points, or 2.69 percent, to 12,316.90.