Dow Jones Industrial Average and Nasdaq Composite Index

: The S&P 500 gained 48.19 points, or 2.51 percent, to 1,969.41, according to Xinhua China. The Nasdaq Composite Index spiked 128.01 points, or 2.73 percent, to 4,811.93. The Dow Jones Industrial Average jumped 390.30 points, or 2.42 percent, to 16,492.68. U.S. stocks witnessed sharp losses the previous week, with the main indexes notching their second-worst weekly decline in 2015. U.S. traders were cheered by gains in China stock market Tuesday. Some analysts said investors were in a buying mood again after the sell-off, as the stabilization in global stock markets soothed anxious investors. (news.financializer.com). As reported in the news.