Stocks rise for second straight trading day

NEW YORK – Stocks rose Tuesday as the market notched its second sizable gain in a row. Retail and industrial stocks made the biggest gains as they were lifted by company earnings, some good news from China’s economy, and the hope that Japan’s struggling economy will get another boost. U.S. markets were closed Monday for Presidents Day.

On Tuesday:

The Dow Jones industrial average gained 222.57 points, or 1.4 percent, to 16,196.41.

The Standard & Poor’s 500 index added 30.80 points, or 1.7 percent, to 1,895.58.

The Nasdaq composite index rose 98.44 points, or 2.3 percent, to 4,435.96.

For the year:

The Dow is down 1,228.62 points, or 7.1 percent.

The S&P 500 is down 148.36 points, or 7.3 percent.

The Nasdaq is down 571.45 points, or 11.4 percent.