U.S. stocks jumped about 2 percent on Tuesday, attempting a bounce after the Dow's worst three-day point drop in history, as a recovery in oil prices and overnight easing in China helped investor sentiment.

Stocks surged in the open, with the Nasdaq outperforming, briefly up 3.5 percent as Netflix and Chinese stocks such as JD.com and Baidu led advancers. Alibaba jumped more than 3 percent.

The S&P leaped more than 2 percent in the open to recover from correction territory on an intraday basis. No stocks in the index hit new 52-week highs or lows, after about 200 names hit new 52-week lows Monday.

The Dow Jones industrial average traded about 300 points higher after briefly jumping more than 370 points in the open. Apple surged more than 4.5 percent.

This is the big one!; the market was just a ponzi scheme for suckers

The 1%ers are losing their shirts; good!

The market is rigged; the 1%ers have already taken their earnings and left everyone else holding the bag!