Geoffrey Smith 

Investing.com – The U.S. stock exchanges opened higher Tuesday. This was after recovering about half their losses from Monday. 

At 32,663 point, the index was at 9:36 ET (1436 GMT) and had risen 417 points or 1.3% by that time. It was 1.4% higher than the 1.8%. 

The technical aspect of rebound stocks was supported by the lack of new shocks from Federal Reserve officials’ first two appearances. Two large acquisitions served as reminders that strong balance sheets can help companies thrive in current economic conditions. 

Pfizer Stock of (NYSE) rose 2.1% following its agreement to purchase Biohaven (NYSE) smaller competitor for $11.8billion, an increase of about 70% compared to Monday’s closing. Duke Realty (NYSE) rose 15% in the meantime Prologis (NYSE) offered to acquire it in an all-stock transaction valued at just below $24 billion. Prologis shares rose 0.4%