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Dow: Triple-Digit Gain for 2nd Day - CNNMoney.com -- Stocks rallied Tuesday, with the Dow Jones industrials posting their second straight triple-digit gain, as investors welcomed better-than-expected corporate results, signs of stability in the housing sector and solid auto sales.

The Dow rose 111 points, or 1.1%. The S&P 500 index gained 14 points, or 1.3%. The Nasdaq composite rallied 19 points, or 0.9%.

Treasury prices rose, lowering the corresponding yields, while a weaker dollar lifted commodity stocks.

Dollar Weakens as Stocks Advance - The dollar fell Tuesday as investors gravitated toward more risky currencies, but declines were limited ahead of key economic reports due out later in the week.

The dollar was down 0.2% against the euro at $1.3962 and slid 0.1% versus the U.K. pound to $1.5975. It lost 0.3% against the Japanese yen at ¥90.39.

The dollar came under pressure as stocks rallied for a second day on better-than-expected corporate results and signs of stability in the housing sector.

Pending Home Sales Improve Marginally in December. Up 10.9% in 2009 - The National Association of Realtors this morning released December Pending Home Sales data.

Economists were expecting to see a small rebound in December Pending Homes Sales following a 16.4% decline in November, they got exactly what they were anticipating this morning. The Pending Home Sales Index increased 1.0 percent to 96.6 from a revised for the worse read of 95.6 in November. This is 10.9 percent above December 2008 when it was 87.1.