US stocks rise for third-straight day

NEW YORK

U.S. stocks rose for the third day in a row Tuesday, led by banks, retailers and technology companies. The rebound over the past few days follows a harrowing drop of more than 10 percent over the previous two weeks.

After a wobbly start, stocks started climbing in the early afternoon and wound up with their most placid day in the past few weeks.

Amazon climbed once again, and athletic apparel companies rose after solid fourth-quarter results from Under Armour.

Apple continued to recoup some of its recent losses. Energy companies slipped again, and companies that distribute prescription drugs and medical supplies slumped.


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