Stocks are higher on Tuesday, with the Dow surging more than 500 points and the S&P 500 rebounding from its worst three-day decline since September.
In afternoon trading, the Dow Jones Industrial Average rose 545 points, or 1.6%, while the S&P 500 was up 1.6%, and the Nasdaq Composite gained 2%.
The two reasons for the broad rally: no new…