Tuesday, the Dow recovered 311.78 points (1.21%) to finish at 26,029.52, the NASDAQ closed 107.23 points (1.39%) higher at 7,833.27, and the S&P 5000 increased 37.03 points (1.30%) to 2,881.77. The Russell 2000 was up 14.67 points (0.99%) at 1,502.09, and the Wilshire 5000 gained 365.04 points (1.25%) to finish at 29,578.59.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.717%. The price of the 30-year Treasury bond increased 4/32, bringing its yield down to 2.239%.

ON THIS DATE: In 1789, the U.S. War Department was established by Congress. In 1782, George Washington created the Order of the Purple Heart. In 1888, Theophilus Van Kannel received a patent for the revolving door. In 1942, U.S. forces landed at Guadalcanal, marking the start of the first major allied offensive in the Pacific during World War II. In 1959, the U.S. launched Explorer 6, which sent back a picture of the Earth. In 1964, Congress passed the Gulf of Tonkin resolution, which gave President Johnson broad powers in dealing with reported North Vietnamese attacks on U.S. forces. In 2003, in California, Arnold Schwarzenegger announced that he would run for the office of governor.

WEDNESDAY WISDOM: “You can lead a man to Congress, but you can’t make him think.”—Milton Berle, comedian