U.S. MARKET UPDATE

U.S. stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America.

The Dow Jones industrial average rose 187.81 points, or 1.12 percent, to 17,005.75, the S&P 500 gained 23.42 points, or 1.19 percent, to 1,985.05 and the Nasdaq Composite added 78.36 points, or 1.75 percent, to 4,564.29
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