NEW YORK, April 26 (UPI) -- U.S. markets rose Tuesday on positive corporate earnings reports from Netflix and Ford Motor Co.
Ford reported first-quarter profits of $2.6 billion. Excluding one-time charges, it was the seventh consecutive quarter the auto giant came out ahead. Netflix said it earned $60 million in the first six months of the year.
Investors responded positively, despite a monthly S&P/Case-Shiller housing report that said home prices continued to fall in February.
In a 20-city index, home prices are down 3.3 percent compared with February 2010, the report said. Of the 20 cities, only Washington showed prices higher than a year ago.
By close of trading on Wall Street, the Dow Jones industrial average added 0.93 percent, 115.49 points, to 12,595.37. The Standard & Poor's 500 index added 0.9 percent, 11.99 points, to 1,347.24. The Nasdaq composite index gained 0.77 percent, 21.66, to 2,847.54.
On the New York Stock Exchange, 2,188 stocks advanced and 837 declined on a volume of 3.9 billion shares traded.
The benchmark 10-year treasury note rose 14/32 to yield 3.309 percent.
The euro rose to $1.4642 from Monday's $1.4583. Against the yen, the dollar fell to 81.51 yen from Monday's 81.69 yen.
In Tokyo, the Nikkei 225 index dropped 1.17 percent, 113.27, to 9,558.69.
In London, the FTSE 100 index added 0.85 percent, 51.06, to 6,069.36.
