February 26, 2013 / 2:22 PM / in 5 years

Wall Street opens higher after drop on Italian vote

NEW YORK (Reuters) - U.S. stocks rose on Tuesday, rebounding from the previous session’s steep drop over Italian election results as investors bought beaten-down shares.

The Wall Street entrance to the New York Stock Exchange is pictured March 27, 2009. REUTERS/Eric Thayer/Files

The Dow Jones industrial average was up 60.43 points, or 0.44 percent, at 13,844.60. The Standard & Poor’s 500 Index was up 6.19 points, or 0.42 percent, at 1,494.04. The Nasdaq Composite Index was up 10.99 points, or 0.35 percent, at 3,127.24.

Reporting By Angela Moon; Editing by Kenneth Barry

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