product maker said it expects new home construction to show strong growth in 2013. The PHLX housing sector index rose 4.3 percent.
Avon Products Inc surged 23 percent to $21.25 as the S&P 500's top percentage gainer after the cosmetics company reversed sales declines and cut costs.
On the downside, Coca-Cola Co fell 2.7 percent to $37.58 and were the biggest drag on the Dow after reporting revenue that was below estimates, hurt by a weaker-than-expected performance in Europe.
Goodyear Tire & Rubber shares slipped 0.4 percent to $13.86 after it posted a stronger-than-expected quarterly profit but cut its 2013 forecast due to weakness in the European automotive market.
Michael Kors Holdings shares jumped 10.8 percent to $63.18 after the fashion company handily beat Wall Street's estimates and raised its full-year outlook.
With earnings season starting to wind down, Thomson Reuters data through Tuesday morning shows of the 353 companies in the S&P 500 that have reported earnings, 70.3 percent have exceeded analysts' expectations, above a 62 percent average since 1994 and 65 percent over the past four quarters.
Fourth-quarter earnings for S&P 500 companies are estimated to have risen 5.3 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.