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
The Dow Jones industrial average <.DJI> added 76.07 points, or 1.12 percent, at 6,839.36. The Standard & Poor's 500 Index <.SPX> gained 9.79 points, or 1.40 percent, at 710.61. The Nasdaq Composite Index <.IXIC> rose 19.95 points, or 1.51 percent, at 1,342.80.
(Reporting by Deepa Seetharaman; Editing by James Dalgleish)