US stocks up in early trading, recovering some losses
TOKYO (AP) — Stocks are rebounding on Wall Street early Tuesday from their biggest drop since October a day earlier. Energy and materials sectors are leading the gains, with the S&P 500 up 0.4% at 9:40 a.m. Eastern time. Investors are following a run-off election for two senate seats in Georgia that will determine whether Republicans retain control of the Senate. Coronavirus cases are climbing at frightening rates, threatening to bring lockdown orders that would punish the economy. European indexes were mixed, while Asian stock markets were mostly higher. U.S. Treasury yields rose.
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