Wall Street rises as oil prices drop sharply

Wall Street rose on Tuesday as oil prices dropped sharply, with the Dow Jones Industrial Average gaining 1.0 percent and the S&P 500 up 0.3 percent, while the tech-heavy Nasdaq hovered just below zero. General Motors fell 6.8 percent despite reporting higher-than-expected profits, as its full-year earnings forecast missed expectations. Hasbro surged 11.2 percent after "Magic: The Gathering" card sales exceeded $600 million in a quarter for the first time. Brent North Sea crude fell to about $109 per barrel, down from over $111 earlier in the day, which was the highest price since May. SpaceX, reporting after the close, ended down 0.1 percent.