US stocks surge;
US stocks surged Tuesday and the Dow Jones Industrial Average rose by more than 150 points as traders focused on the bright side of manufacturing data and auto-sales reports and ignored a worrisome labor-market survey.
US stocks advanced, helped by a 3.3% rebound by the Standard & Poor's 500 Index, after speculation the US government will boost spending on technology overshadowed concern a bailout of carmakers won't bring the nation out of a recession.