NEW YORK — The good followed the bad for the stock market on Tuesday.
One day after logging its worst performance of the year, the stock market bounced back with its best day of 2014. The Standard & Poor’s 500 index climbed more than 1 percent and erased most of its loss from a day earlier.
The S&P 500 index gained 19.68 points, or 1.1 percent, to 1,838.88, its biggest gain since Dec. 18. It rose steadily throughout the day and finished close to its high on Tuesday.
The Dow Jones industrial average rose 115.92 points, or 0.7 percent, to close at 16,373.86, just below of its high of the day. The technology-heavy Nasdaq composite rose 69.71 points, or 1.7 percent, to 4,183.02.