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Stock indexes shake off weak start and close broadly higher

by AP Business Writers
| July 14, 2020 1:27 PM

NEW YORK (AP) — The stock market shook off a weak start and ended broadly higher after pinballing through another day of unsettled trading. The S&P 500 rose 1.3% Tuesday. It had been down nearly 1% in the early going. The gains accelerated as the day went on. The Dow Jones Industrial Average rose 2.1%, lifted by gains for UnitedHealth Group and Caterpillar, among others. The bumpy trading followed another turbulent day Monday, when stocks veered from an early gain to a loss after California brought back restrictions on its economy amid a jump in coronavirus counts.

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