US stocks mostly rose for a second straight day on Tuesday as a rebound in consumer confidence and soothed fears over Europe whetted investors' appetite for risky assets. The Dow Jones industrial average rose 68.46 points, or 0.59 percent, at 11,591.47. The Standard & Poor's 500 Index added 6.16 points, or 0.52 percent, to 1,198.71. The Nasdaq Composite Index slipped 5.27 points, or 0.21 percent, to 2,522.07.
Weakness in some large-cap Internet stocks forced the Nasdaq to give up its morning gains. Amazon.com Inc fell 2.3 percent to $189.62 while eBay Inc was off 1.9 percent at $29.11. Both names rallied on Monday following a record Thanksgiving weekend for sales.
AMR Corp plunged 79 percent to about 34 cents a share after the parent of American Airlines filed for bankruptcy protection and named a new chairman and chief executive. The stock was halted more than a dozen times throughout the day.