NEW YORK (Reuters) - Stocks turned positive on Tuesday afternoon, cutting earlier losses in volatile trading, after General Motors Corp reported stronger-than-expected June sales, helping temper worries about the impact of high fuel prices on corporate earnings.
GM's stock jumped almost 12 percent to $12.83.
The Dow Jones industrial average was up 23.86points, or 0.21 percent, at 11,373.87. The Standard & Poor's 500 Index was up 1.98 points, or 0.15 percent, at 1,281.98. The Nasdaq Composite Index was up 8.85 points, or 0.39 percent, at 2,301.83.
(Reporting by Walker Simon; Editing by Jan Paschal)