Stocks rise following US Steel, Amex earnings (AP)

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NEW YORK – Some of Wall Street's earnings anxiety is easing — at least for the time being.

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The market had its second straight moderate advance Tuesday, rising after companies including United States Steel Corp . and American Express Co . managed to post profits in a difficult recession. Financial stocks that were mostly higher also lent support to the market. The major indexes briefly stumbled after the Conference Board said its Consumer Confidence Index in January slipped to its lowest level since the reading's inception in 1967. The report indicated that consumers, who have already cut back drastically, are likely to remain reluctant to spend in the coming months. The index from the private research group slipped to 37.7 in January from a revised 38.6 in December.

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