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Stocks Rise As Crude Falls To 17-Month Lows TITLEe goes here

After showing a significant decline in the previous session, the price of oil has moved back to the upside in morning trading on Tuesday. Crude for March delivery is currently up $1.07 at $55.08 a barrel after ending Monday's trading down more than $1 a barrel.

Stocks in Motion

U.S. Steel (X | Quote | Chart | News | PowerRating) Q4 Profit Surges, EPS Tops Consensus; Says Q1 Results Will Be Lower Than Those Of Q4 (full story).  X shares gain 3.2% in early trading.

Procter & Gamble (PG | Quote | Chart | News | PowerRating) Q2 Profit Up 12%, EPS Rises 17% And Tops Estimate By A Penny; Lifts FY07 EPS Forecast, Shares Fall As Q3 EPS Outlook Below Analysts' View (full story).  PG shares lose 1%.

3M (MMM | Quote | Chart | News | PowerRating) Q4 Profit Surges 58% On One-time Gain, 9% Sales Growth; Guides FY07 EPS (full story).  MMM shares trade lower by 3.8%.

United Parcel Service (UPS | Quote | Chart | News | PowerRating) Q4 Profit Increases, EPS Matches Consensus; Guides Q1; Provides FY07 Outlook Below Street View (full story).  UPS shares lose 3%.

Delta Air Lines (DALRQ | Quote | Chart | News | PowerRating) Receives Commitments For $2.5 Bln Exit Financing Facility (full story).  DALRQ shares gain 2.6%.

CNET (CNET | Quote | Chart | News | PowerRating) Q4 Earnings Fall; Beat Estimates, Ex-item; Guides FY07 EPS Above Consensus (full story).  CNET shares jump over 9%.

For more stories as they happen, go to our Breaking News section.


Market Snapshot

Dow

+38.62 12,529.39

NASDAQ

+38.62 12,529.39

S&P 500

+38.62 12,529.39

 

NYSE NASDAQ

Volume

1,127,034,000 782,168,000

Advances

2047 1696

Declines

1011 1162

Up Volume

693 508

Down Volume

284 202

New Highs

144 123

New Lows

16 27

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

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adsasd asddsa
dsaasd dsadsa

Economic News
Consumer Confidence 110.3 vs 110.0 Consensus

Darren Wong
Associate Editor
darrenw@tradingmarkets.com


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