Stocks Rally on Upbeat Earnings, Solid Data

Stocks rose sharply Tuesday, helped by some upbeat blue-chip earnings reports, solid data on the manufacturing and housing fronts and relief over moves in the eurozone to deal with the debt crisis in Greece.

The Dow Jones Industrial Average ($INDU) rose 170 points, or 1.7%, to close at 10,269, while the broader S&P 500 ($INX) added 19 points, or 1.8%, to 1,095. The tech-heavy Nasdaq Composite ($COMPX) Nasdaq added 31 points, or 1.4%, to finish at 2,214.