NEW YORK (AP) — U.S. stock futures rebounded sharply Tuesday after the Dow's worst day this year, with more U.S. corporations putting up strong quarterly numbers and more evidence of a recovery in housing.
Gold prices, which hit two-year lows Monday, bounced back early Tuesday, though a sell-off in energy futures continued.
Dow Jones industrial futures rose 139 points to 14,651. The broader S&P futures added 14.3 points to 1,557.80. Nasdaq futures gained 26.25 points to 2,809.50.
The rebound in U.S. markets gained momentum after the Commerce Department said that homebuilders broke ground on a million homes in March, the fastest pace in nearly five years.
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