The Dow Jones industrial average climbed 390 points in Tuesday trading to close at 16,493.

The S&P 500 rose 48 points to close at 1,969.

The Nasdaq rose 128 points to 4,812

The LABJ Stock Index climbed 7 points to 224.

Among stocks trading above $1, Lancaster pharmaceutical software developer Simulations Plus was Tuesday’s biggest gainer. Shares rose 9 percent to $7.84.

The day’s biggest loser was Commerce furniture maker Nova Lifestyle. Shares closed down 6 percent Tuesday to close at $2.18. The company saw shares climb last week after trade reports of a good performance at a recent furniture industry show.