Last Updated: Wednesday, April 16, 2014, 05:03
US stocks finished higher Tuesday after a wild swing lower led by tech stocks that saw the Washington: US stocks finished higher Tuesday after a wild swing lower led by tech stocks that saw the Nasdaq Composite index down nearly two percent at one point.
Stocks opened strongly on good results from Johnson & Johnson and Coca-Cola but then sank, with analysts at the time citing a rise in worries over Ukraine.
But the subsequent bounce-back left the Dow Jones Industrial Average in the green at the end, up 89.32 points (0.55 percent) to 16,262.56.
The broad-based S&P 500 jumped 12.37 (0.68 percent) to 1,842.98, while the Nasdaq Composite put on 11.47 (0.29 percent) at 4,034.16.
"The market is all over the place, everyday it is the same thing," said Steven Rosen, of Societe Generale.
"The market doesn`t seem to be trading on fundamentals right now, but on intraday momentum."
Coca-Cola finished up 3.7 percent after meeting earnings projections of 44 cents per share in its first quarter report. The soft-drink king achieved two percent global volume growth.