The Dow Jones industrial average eased three points to 15,368 shortly after the market opened on Tuesday. The Standard & Poor's 500 index rose three points, or 0.2 percent, to 1,745, and the Nasdaq gained 10 points, or 0.3 percent, to 4,007.
The stock market is coming off its biggest one-day slump in more than seven months Monday. Stocks dropped after a survey showed U.S. manufacturing barely expanded last month.
Michael Kors, surged $14.33, or 19 percent, to $91 after the fashion retailer reported strong earnings from robust demand for its goods during the holiday period.
The yield on the 10-year Treasury note rose to 2.62 percent from 2.58 percent.
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