US STOCKS-Wall St rises on earnings, home prices

* Dow component DuPont shares up as profit triples

* Home prices rise more than expected in May

* Indexes up: Dow 0.4 pct; S&P 0.4 pct; Nasdaq 0.4 pct

* For up-to-the-minute market news see [STXNEWS/US] (Updates to morning trading)

By Rodrigo Campos

NEW YORK, July 27 (Reuters) - Upbeat corporate results and a larger-than-forecast increase in home prices lifted U.S. stocks on Tuesday, as Wall Street pursued a fourth straight day of gains.

Home prices in U.S. metropolitan areas rose more than expected in May, offering some reassurance after recent weak housing numbers pointed to a softening of the housing market. For details, see [ID:NLLRIE6A8]

Dow component DuPont & Co's (DD.N) second-quarter profit nearly tripled on strong sales in all of its businesses, while Swiss bank UBS AG (UBSN.VX)(UBS.N) recorded its third quarterly profit in a row after big losses in 2008 and 2009, and topped estimates. For details, see [ID:nLDE66Q0FS] and [ID:nN26201739]

DuPont rose 4.5 percent to $40.85, while U.S.-traded shares of UBS jumped 7.7 percent to $16.32.

"Earnings have been very strong and the forecast S&P earnings figure continues to be strong," said Kevin Caron, portfolio manager at Stifel, Nicolaus & Co in Florham Park, New Jersey. "With the S&P at 1,115 -- back above its 200-day moving average -- that is just over 12 times forward-looking earnings. That is a fairly attractive multiple, particularly with very low bond yields," he said.

The Dow Jones industrial average .DJI gained 39.96 points, or 0.38 percent, to 10,565.39. The Standard & Poor's 500 Index .SPX rose 4.55 points, or 0.41 percent, to 1,119.56. The Nasdaq Composite Index .IXIC added 9.06 points, or 0.39 percent, to 2,305.49.

The S&P 500 traded above its 200-day moving average after breaking above the level at Monday's close for the first time in more than a month.

Other technical measures, including the moving average convergence-divergence and momentum, continued to show bullish signals for the three top stock indexes.

A pulse of investor sentiment, the VIX market volatility index .VIX, fell more than 3 percent to 22.73 on Monday, breaking below its 200-day moving average of 23.38. The VIX edged up 0.01 percent to 22.75 in early Tuesday trading.

The Conference Board's consumer confidence index for July is expected to have fallen to 51.0 from 52.9. The data, due at 10 a.m. EDT (1400 GMT), will be closely watched following a slump in the latest Reuters/University of Michigan sentiment survey. (Editing by Jeffrey Benkoe)