Dow on track for biggest 2-day jump since June 2020

Stocks extended gains Tuesday after data showed a drop in U.S. job openings. The Dow Jones Industrial Average DJIA, +2.60% was up around 735 points, or 2.5%, bringing its gain to 5.3% over the past two days. That would be the largest two-day percentage rise for the blue-chip gauge since at least the two-day period ending June 8, 2020, according to Dow Jones Market Data. Stocks have rallied as Treasury yields have retreated. Expectations the Fed could soon slow the pace of rate hikes has been credited with a revival in risk appetite after major indexes ended September at their lowest levels since 2020.