US STOCKS-Stocks rise on consumer confidence, but China weighs

* Consumer confidence rises more than expected

* Travelers boosts Dow, but Verizon and J&J weigh

* China tightens bank lending rules

* Indexes up: Dow 0.4 pct, S&P 0.2 pct, Nasdaq 0.3 pct

* For up-to-the-minute market news, click [STXNEWS/US]
(Updates to add consumer confidence data)

By Ryan Vlastelica

NEW YORK, Jan 26 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) edged higher on
Tuesday, as better-than-expected consumer confidence data and
strong quarterly results from Travelers and Apple offset
concerns about a Chinese government clampdown on bank lending.

Consumer confidence rose for a third straight month to its
highest level since September 2008, according to the Conference
Board. For details, see [ID:nN26232371]

The markets initially opened lower after sources said
China’s central bank told some banks to increase their reserve
ratios by 0.5 percentage point, effective Tuesday.
[ID:nSGE60P039]

“Strong confidence is important and why we had a rebound in
markets,” said Alan Lancz, president of Alan B. Lancz &
Associates in Toledo, Ohio. “However, there are still a lot of
uncertainties about China and banking regulations that have
investors in a quandary.”

The Dow Jones industrial average (.DJI: ) rose 40.81 points,
or 0.39 percent, at 10,237.14. The Standard & Poor’s 500 Index
(.SPX: ) added 2.31 points, or 0.21 percent, at 1,098.81. The
Nasdaq Composite Index (.IXIC: ) gained 6.05 points, or 0.27
percent, at 2,216.72.

The Dow was helped after Travelers Cos Inc (TRV.N: ), the
property-casualty insurer, reported quarterly profits rose and
beat estimates. The stock was up 3.3 percent to $50.45 and was
the Dow’s top boost. [ID:nN26225550]

In a heavy day of earnings report, DuPont (DD.N: ), Johnson &
Johnson (JNJ.N: ) and Verizon Communications Inc (VZ.N: ) all
reported on Tuesday. J&J fell 1.2 percent to $64.45, while
Verizon lost 2.1 percent to $30.03. The two were the top two
drags on the Dow. DuPont fell 0.6 percent at $32.63.

Apple Inc (Read more about Apple stock future.) (AAPL.O: ) rose 1.6 percent to $206.33 and Texas
Instruments Inc (TXN.N: ) added 0.6 percent to $23.84, a day
after both reported results. [ID:nN25217139] and
[ID:nN25194319]

In another key piece of economic data, U.S. home prices in
20 major metropolitan areas slipped unexpectedly in November, a
bearish sign. [ID:nNYS007725]

Stock Analysis
(Editing by Jeffrey Benkoe)

US STOCKS-Stocks rise on consumer confidence, but China weighs