Stocks ended sharply higher Tuesday, taking back much of the ground lost the previous session when worries about the spread of the delta variant of the coronavirus that causes COVID-19 were blamed for a global equity selloff. The Dow Jones Industrial Average
DJIA,
+1.62%
ended around 550 points higher, up 1.6%, near 34,512, according to preliminary figures. The blue-chip gauge tumbled more than 700 points Monday for its biggest fall since October. The S&P 500 finished with a gain of around 65 points, or 1.5%, near 4,323, while the Nasdaq Composite
COMP,
+1.57%
advanced around 224 points, or 1.6%, to close near 14,499. Analysts said the rebound reflected ideas the previous selloff was overdone and may have been exacerbated by seasonal factors.