Oscars 2017 live updates: Red carpet arrivals begin as rain threatens the big night

Li Ka-shing

Stocks rebound as anxiety over 'Brexit' eases

Stocks rebound as anxiety over 'Brexit' eases

U.S. stock indexes mounted a broad comeback Tuesday as investors set aside their anxiety over Britain's vote to leave the European Union and snapped up shares after a two-day rout.

Encouraging data on the U.S. economy and housing market helped put traders in a buying mood. The broad rally followed even bigger gains in Europe, which also bounced back from the steep losses triggered by Britain's “leave” vote Thursday.

Oil and gas companies led the rally as energy prices rose. Banks and other financial companies, which took the heaviest losses in the sell-off, also surged. Healthcare, consumer and technology stocks also notched gains. Bond prices fell, sending yields...