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.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.