Dow jumps 1,100 to recover a bit of its steep losses as some relief washes through financial markets

NEW YORK (AP) — Some relief is flowing through financial markets worldwide Tuesday as stocks bounce to recover some of their historic losses since President Donald Trump dramatically raised the stakes in his trade war last week. The S&P 500 was up 3.2% in early trading, though it still remains 15% below its record set in February. The Dow Jones Industrial Average was up 1,143 points, or 3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 3.6% higher. The bounce was global. Stock indexes rose 6% in Tokyo, 3.4% in Paris and 1.6% in Shanghai. The price…