Oil Down....U.S stocks up

U.S. stocks rose more than 1 percent on Tuesday as oil prices slid over $3 a barrel, taking the edge off a raft of disappointing earnings from American Express and others as well as a weak outlook from iPod maker Apple. Oil, which last week had its biggest weekly decline ever, lost 2.4 percent in New York as the U.S. dollar rose easing some worries about the impact of higher energy costs on consumers and businesses. But the Dow Jones was lifted by Coca-Cola, Wal-Mart and Caterpillar.