THE MARKETS

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Investors roared back from yesterday's selling frenzy, reacting to the Fed's decision to cut a key interest rate by pushing the Dow Jones industrial average up 34.68 points, to end the day at 5,109.89. The Dow's surge upward gained back more than a third of the loss it suffered Monday. The New York Stock Exchange was also up 2.05 to end the day at 325.71. On the Big Board, advancers led decliners 1,526 to 916, with 678 unchanged. Technology shares bounced back Tuesday, as the technology-heavy Nasdaq composite index jumped 23.82 points to close at 1,036.38. It was the biggest one-day gain for Nasdaq in eight years. The Standard & Poor's 500 stocks were also up 5.12, to close at 611.93. In London, gold closed at $388.00, up $0.25. Photographs: