(CNBC) — After two huge sell-offs in a row, U.S. stocks were all over the map on Tuesday. Investors blamed the wild moves on a combination of interest-rate fears, computer-driven trading and the obscure volatility funds that use leverage.
The Dow Jones industrial average opened with a big whoosh lower, then rallied all the way back. The Dow closed 569 points higher and rose as much as 600.48 points. At its session low it was down by 567 points. It traded in a range of 1,167.49 points.
The S&P 500 is 1.8 percent higher with tech as the best-performing sector. The Nasdaq composite gained 2.1 percent.
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