Disney, Kraft, IBM: Dow Movers

NEW YORK (TheStreet) -- U.S. stocks soared Tuesday as global worries subsided and first-quarter earnings season continued to exceed expectations.

The Dow Jones Industrial Average rose 194 points, or 1.5%, to close at 13,115 on Tuesday. The S&P 500 increased 1.6% to 1391 and the Nasdaq Composite gained 1.8% to 3043.

Breadth within the Dow was positive with all 30 of the index's components posting gains.

The biggest percentage gainers among the blue chips were Walt Disney(DIS) , Kraft Foods(KFT) and IBM(IBM) .

Shares of Walt Disney rose 2.45% to $42.68. The media company is going to produce the third Iron Man movie in China, according to The Wall Street Journal.

TheStreet Ratings gives Walt Disney an A- grade with a buy rating and $48.68 price target.

Kraft Foods shares increased 2.39% to $38.48. TheStreet Ratings gives Kraft Foods an A+ grade with a buy rating and $47.27 price target.

Shares of IBM rose 2.33% to $207.45 during the trading day but pulled back in the extended session after Big Blue's first-quarter earnings report.

TheStreet Ratings gives IBM an A+ grade with a buy rating and $266.87 price target.

Dow component Intel(INTC) topped Wall Street's earnings view for the first quarter but the company forecast a sequential decline in non-GAAP gross margins in the second quarter.

Shares of the world's biggest chip maker rose 6 cents, or 0.23%, in regular trading on Tuesday to $28.47 but dropped 2% in the extended session.

Though not among the largest percentage gainers, Coca-Cola(KO) and Johnson & Johnson(JNJ) also rose following their first-quarter earnings reports.