Last checked at 
* Bounce follows Monday sell-off
* Dell to go private in $24.4 bln deal, shares up
* Archer Daniels, Estee Lauder both up after results
* Indexes: Dow up 0.7 pct, S&P up 1 pct, Nasdaq up 1.3 pct
By Caroline Valetkevitch
NEW YORK, Feb 5 (Reuters) - U.S. stocks climbed on Tuesday,recovering a day after the market's biggest sell-off sinceNovember, as stronger-than-expected earnings brightened theprofit picture.
Dell Inc's stock rose after the world's No. 3computer maker agreed to be taken private in a $24.4 billiondeal, the largest leveraged buyout since the 2008-2009 financialcrisis. The stock gained 1.1 percent to $13.42.
All 10 S&P sectors were higher, and the S&P 500 and Nasdaqgained more than 1 percent.
The market's bounce follows a sell-off on Monday that gavethe S&P 500 its biggest percentage decline since mid-November.The benchmark remains up 6 percent since the start of the yearand is less than 4 percent away from its all-time closing highof 1,565.15 from October 2007.
Analysts said fourth-quarter results have been among factorshelping to boost stocks. On Tuesday, Archer Daniels Midland reported revenue and adjusted fourth-quarter earningsthat beat expectations, boosted by strong global demand foroilseeds. Shares rose 3.3 percent to $29.38.
"There's not a huge upside surprise by any means, but we'redefinitely seeing slightly better-than-expected earningsoverall," said Bryant Evans, portfolio manager at Cozad AssetManagement, in Champaign, Illinois.
The Dow Jones industrial average was up 99.22 points,or 0.71 percent, at 13,979.30. The Standard & Poor's 500 Index was up 15.58 points, or 1.04 percent, at 1,511.29. TheNasdaq Composite Index was up 40.41 points, or 1.29percent, at 3,171.58.
The market shot higher at the start of the year after U.S.lawmakers were able to come to a last-minute agreement to avoida national "fiscal cliff," but questions on spending cutsremain.
President Barack Obama on Tuesday urged Congress to pass asmall package of spending cuts and tax reforms. Though the planwas quickly rebuffed by Republican leaders, investors arelooking for an agreement.
"I think there's some hopefulness out there that areasonable compromise will be made," Evans said.
Also in earnings, Estée Lauder Cos Inc reported ahigher quarterly profit and raised its full-year profitforecast. The stock rose 6 percent to $64.71.
With results in from more than half of the S&P 500companies, 69 percent have beaten profit expectations, comparedwith the 62 percent average since 1994 and the 65 percentaverage over the past four quarters. Sixty-six percent ofcompanies have beaten on revenue.
Fourth-quarter earnings for S&P 500 companies are expectedto rise 4.5 percent, according to the data, above the 1.9percent forecast at the start of earnings season.
On the down side, McGraw-Hill shares slumped 10.7percent to $44.92 after the U.S. Justice Department filed acivil lawsuit seeking $5 billion over mortgage bond ratings.Standard & Poor's, a McGraw Hill unit, was accused of inflatingratings and understating risk out of a desire to gain morebusiness from investment banks.
On Monday, McGraw-Hill stock suffered its worst one-daydecline since the 1987 market crash.
Volume was roughly 6.7 billion shares traded on the New YorkStock Exchange, the Nasdaq and the NYSE MKT, compared with the2012 average daily closing volume of about 6.45 billion.
Advancers outpaced decliners on the NYSE by nearly 11 to 4and on the Nasdaq by about 3 to 1.
