People walk past the New York Stock Exchange on Wall Street
Stocks rose more than one percent on Tuesday as investors saw Italian Premier Silvio Berlusconi's offer to step down as helping to find a solution to the credit crisis in the Eurozone. REUTERS

Stocks rose more than one percent on Tuesday as investors saw Italian Premier Silvio Berlusconi's offer to step down as helping to find a solution to the credit crisis in the Eurozone.

The Dow Jones industrial average <.DJI> gained 87.94 points, or 0.73 percent, to 12,156.33. The Standard & Poor's 500 Index <.SPX> gained 12.83 points, or 1.02 percent, to 1,273.95. The Nasdaq Composite Index <.IXIC> gained 29.55 points, or 1.10 percent, to 2,724.80.

(Editing by Kenneth Barry)