The Nasdaq rose more than 2 percent in afternoon trading on Tuesday, led by gains in Google , which reports results later this week.

The Dow Jones industrial average <.DJI> was up 172.82 points, or 1.69 percent, at 10,389.09. The Standard & Poor's 500 Index <.SPX> was up 18.69 points, or 1.73 percent, at 1,097.44. The Nasdaq Composite Index <.IXIC> was up 45.79 points, or 2.08 percent, at 2,244.15.

(Reporting by Caroline Valetkevitch)