By Angela Moon
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Prospects for a comprehensive deal to resolve the crisis at a summit later in the day were unclear, with several thorny issues unresolved.
"Unless we get something solid out of Europe, the tug of war between Europe, earnings and data continues. Yesterday, Europe won, but today, the earnings seems to be going well and the data we got this morning was supportive as well," said John Canally, economist at LPL Financial in Boston.
"We are now in the waiting game for what comes out from Europe."
The Dow Jones industrial average <.DJI> was up 87.26 points, or 0.75 percent, at 11,793.88. The Standard & Poor's 500 Index <.SPX> was up 2.91 points, or 0.24 percent, at 1,231.96. The Nasdaq Composite Index <.IXIC> was down 3.68 points, or 0.14 percent, at 2,634.74.
With corporate earnings in high gear, Boeing Co
In other earnings news, Ford Motor Co
In the latest economic data, new U.S. single-family home sales rose at their fastest pace in five months in September, but sustained price declines indicated the housing market is far from recovery.
Separately, the government said demand for U.S. durable goods rose more than expected in September to post the largest increase in six months.
(Reporting by Angela Moon; editing by Jeffrey Benkoe)