The market put aside worries about Europe for the day, instead focusing on solid numbers from AT&T ( T) and 3M ( MMM), as well as Big Blue's plans to boost its quarterly payout by 13% and buy back up to $7 billion worth of its stock. The Dow Jones Industrial Average rose 74 points, or 0.6%, to close at 13,001. Earlier in the session, the price-weighted index ran as high as 13,050. The S&P 500 tacked on 5 points or 0.4% to finish at 1372. The Nasdaq slipped 8 points, or 0.3%, to settle at 2961. Apple was a headwind for the index, falling 2%. Shares of the iPad and iPhone maker have now fallen in 10 of the past 11 sessions.
NEW YORK ( TheStreet) -- Wall Street finished mixed on Tuesday with the Dow pushed higher by positive earnings reports and a dividend hike from IBM ( IBM), and the Nasdaq tripped up by weakness in Apple ( AAPL).