By Nikolaj Gammeltoft Feb. 2 (Bloomberg) -- U.S. stocks climbed for a second day after earnings at companies from D.R. Horton Inc. to Lexmark International Inc. topped estimates and a report showed sales of previously owned homes rose in December. Lexmark, the second-largest U.S. printer maker, and D.R. Horton, the second-biggest U.S. homebuilder by revenue, jumped at least 9.3 percent to help lead gains in the Standard & Poor’s 500 Index. Alcoa Inc. and Freeport-McMoRan Copper & Gold Inc. rose more than 1.2 percent after Citigroup Inc. raised the shares to “buy,” while Exxon Mobil Corp. climbed as Bank of America Corp. advised clients to purchase the stock. The Standard & Poor’s 500 Index gained 0.4 percent to 1,094.02 at 10:20 a.m. in New York. The Dow Jones Industrial Average climbed 42.85 points, or 0.4 percent, to 10,228.38. “The market has stabilized on the good news from corporate profits and the economy,” said Timothy Ghriskey, chief investment officer at Solaris Asset Management LLC in Bedford Hills, New York, which manages $2 billion. “The issues that caused the recent correction, debt problems in Greece and Washington politics, will be overshadowed by the positive earnings environment in the longer term.” The S&P 500 yesterday rebounded from a three-month low, surging 1.4 percent, following better-than-estimated manufacturing and personal income reports. The benchmark for U.S. equities, which last week completed a third straight weekly loss, is up 61 percent since March. To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net

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