* Monday's decline was S&P 500's biggest since November
* Dell to go private in $24.4 bln deal, shares up
* Archer Daniels, Estee Lauder both up after results
* Indexes: Dow 0.8 pct, S&P 0.9 pct, Nasdaq 1 pct
By Angela Moon
NEW YORK, Feb 5 (Reuters) - U.S. stocks rose on Tuesday,with the Dow rising above 14,000, as earnings came in strongerthan expected and investors sought bargains a day after themarket's biggest drop since November.
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 0.8 percent to $13.39 after a delayedopen.
Major stock indexes fell about 1 percent in Monday'sselloff, pressured by renewed worries over the euro zone'ssovereign debt crisis. Still, equities have been strongperformers recently, with the benchmark S&P 500 index up about 5percent for 2013.
Wall Street has advanced on strong fourth-quarter earningsand signs of improved economic growth, suggesting the market'slonger-term trend remains higher.
"Yesterday was the first real down day of the year, whichshows that we are in this strong bull market. Today we are backto the normal pattern. People are realizing that we'veoverreacted to Europe yesterday," said Uri Landesman, presidentof Platinum Partners in New York.
"Money in the euro, euro bonds and euro stocks are comingback to the good, old U.S. stock market and 1,545 (on the S&P500) is the short-term target, probably in the first half of theyear."
The Dow Jones industrial average was up 110.50points, or 0.80 percent, at 13,990.58 after rising as high as14,006. The Standard & Poor's 500 Index was up 13.42points, or 0.90 percent, at 1,509.13. The Nasdaq Composite Index was up 30.96 points, or 0.99 percent, at 3,162.13.
Archer Daniels Midland reported revenue and adjustedfourth-quarter earnings that beat expectations, boosted bystrong global demand for oilseeds. Shares rose 3.4 percent to$29.40.
Estée Lauder Cos Inc reported a higher quarterlyprofit on Tuesday and raised its full-year profit forecast. Thestock rose to a new 52-week high of $66.07 earlier but traded ataround $64 in afternoon.
According to Thomson Reuters data, of the 53 percent of S&P500 companies that have reported earnings thus far, 69 percenthave beaten profit expectations, over the 62 percent averagesince 1994 and the 65 percent average over the past fourquarters.
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 but well belowthe 9.9 percent forecast on Oct. 1.
The S&P is less than 5 percent away from its all-timeintraday high of 1,576.09, reached in October 2011.
McGraw-Hill slumped 5.4 percent to $47.55 after theJustice Department filed a civil lawsuit against it seeking $5billion over mortgage bond ratings. Standard & Poor's, a McGrawHill unit, was accused of inflated ratings and understated risksout of a desire to gain more business from investment banks.
The stock has dropped more than 20 percent over the past twodays.
U.S. shares of BP Plc rose 1.1 percent to $44.07after the company reported earnings that beat expectations andsaid underlying financial momentum would be "strongly evident"by 2014.
The Institute for Supply Management's non-manufacturingindex was 55.2 in January, as expected and down slightly fromthe previous month.
BP (BP.)