Dow Jumps 889 Points on Bargain Hunting

The S&P 500 index also jumps nearly 11% as investors took advantage of low prices

U.S. stocks catapulted higher Tuesday as buyers piled in to take advantage of some historically low prices, temporarily shutting out concerns about the economy even as October consumer confidence sank to a record low of 38.0 from 61.1 in September, and home prices continued to slide in August.

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