Stocks Rise for 1st Time Since Brexit Vote

"We're still very much in reaction mode right now for U.S. equities," said Jeremy Klein, chief market strategist at FBN Securities

U.S. stocks rose Tuesday following gains overseas, rebounding after a sharp two-day sell-off on the surprise U.K. "Brexit" vote to leave the European Union, CNBC reported.

The Dow Jones industrial average traded up about 140 points in the early afternoon after opening more than 200 points higher. 

"We're still very much in reaction mode right now for U.S. equities," said Jeremy Klein, chief market strategist at FBN Securities.

U.S. crude oil futures held more than 1.5 percent higher, just above $47 a barrel.

In the last two trading days, global markets have lost a record $3.0 trillion, according to Howard Silverblatt of S&P Dow Jones Indices.

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