S&P 500 briefly turned negative after the US Federal Reserve said the economy had weakened.
New York: Stocks pared gains and the Dow and S&P 500 briefly turned negative on Tuesday in volatile trading after the US Federal Reserve said the economy had weakened.
The Dow Jones industrial average was up 60.43 points, or 0.56 per cent, at 10,870.28. The Standard & Poor's 500 Index was up 14.82 points, or 1.32 per cent, at 1,134.28. The Nasdaq Composite Index was up 51.58 points, or 2.19 per cent, at 2,409.27.
Earlier, US stocks briefly lost their gains after the open on Tuesday, before turning sharply higher in what is expected to be a volatile session.
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