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February 6, 2013 8:21 AM EST

Stocks rallied on Tuesday as earnings came in stronger than expected and investors sought bargains a day after the market's biggest drop since November.

The Dow Jones industrial average <.DJI> rose 99.22 points or 0.71 percent, to 13,979.3, the S&P 500 <.SPX> gained 15.58 points or 1.04 percent, to 1,511.29 and the Nasdaq Composite <.IXIC> added 40.41 points or 1.29 percent, to 3,171.58.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

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