Stocks Rise, Only Third Time This Month

By: AP Email
By: AP Email

NEW YORK (AP) - Stronger earnings reports from Mattel, Coca-Cola
and other big companies are pushing the Dow Jones industrial
average up for only the third day this month.

The Dow rose 78 points to close at 12,805 on Tuesday.

Mattel stock jumped 10 percent, more than any other company in
the S&P 500. The country's biggest toy maker said net income rose
because of better sales of Barbie dolls and lower advertising
costs.

Coca-Cola rose 1 percent after it posted higher income and
revenue.

In other trading, the Standard & Poor's 500 index gained 10
points to 1,364, and the Nasdaq rose 13 points to 2,910.

Two stocks rose for every one that fell on the New York Stock
Exchange. Trading volume was below average at 3.4 billion.


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