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Empresas y finanzas

Wall St. up on hope for recovery plan details


    NEW YORK (Reuters) - Stocks rose on Tuesday as investors bet U.S. Treasury Secretary Timothy Geithner would shed light on plans to shore up the financial system a day after Wall Street slumped to a 12-year low.

    Investors are also looking to congressional testimony on the economy by Federal Reserve Chairman Ben Bernanke for direction.

    Bank stocks, among beaten-down sectors, were higher as bargain hunters swooped in. Bank of America climbed nearly 10 percent to $3.98, while Citigroup was up 10 percent to $1.31.

    The Dow Jones industrial average added 76.07 points, or 1.12 percent, at 6,839.36. The Standard & Poor's 500 Index gained 9.79 points, or 1.40 percent, at 710.61. The Nasdaq Composite Index rose 19.95 points, or 1.51 percent, at 1,342.80.

    (Reporting by Deepa Seetharaman; Editing by James Dalgleish)