IHT Rendezvous: Baron Von Fancy Goes to Paris

PARIS—Baron Von Fancy’s name may belong in an 18th-century German royal court, but he is very much a 20th-century child. He’s a multimedia artist who lives in New York and surfs on the vintage-is-cool wave, using social media as his manager, agent and public relations firm.

His latest exhibition, “A Thing Called Love,” opened on Monday at the Paris Colette shop, a European mecca of all things fashionable, and runs through Feb. 23. It’s his first big break. “I’m honored to be shown in Colette. I couldn’t have asked for more,” said Baron Von Fancy, who is 28, while sipping tea in a cafe across the street from the store.

The exhibition is a collection of handpainted 1950s-looking signs of catchphrases overheard in the subway and in conversation. Some of them are poetic, some are jokes and some clichés. The theme for the show, whose run encompasses Valentine’s Day, is love. “Crazy About You,” “To the Moon and Back,” “Just Kids” (referencing Patti Smith’s book) are a few examples. He added “Bisous,” and “Loin des yeux, loin du coeur,” as a nod to his new French audience. He also redesigned Colette’s Water Bar menu and painted huge murals. The one behind the cash register reads “The Thrill Is Gone.”

Outside, along the wall, he had started painting the words Very Fancy, but the person who was supposed to help him paint was late and he didn’t have time to finish before the opening of the show. Welcome to France, Mr. Fancy.



Baron Von Fancy isn’t – surprise, surprise – his real name. He was born Gordon Stevenson, in New York, in the early 1980s, one of seven siblings and half-siblings. He is not without connections: his father, Charles Stevenson, is an investor; his stepmother is the writer Alex Kuczynski, who contributes to The New York Times. The story behind his strange but catchy moniker is a mix of many anecdotes including a nickname of an ex-girlfriend’s dog and his fancy collection of vintage Versace jeans.

Baron Von Fancy (why call him Gordon when you can call him Baron Von Fancy?) epitomizes Generation Y, also known as Generation Sell. He creates art under both names, but uses Baron Von Fancy as a brand for his more commercial art. As Gordon Stevenson, he paints, dyes waterfalls, and does light installations. When he is Baron, as he says his mother now often calls him, he does lighters, bow ties, socks and his painted signs.

Baron doesn’t whip out a battered Moleskine when he has an idea, he uses Twitter is his notebook. He tweets several times a day, to more than a thousand people, phrases that could end up on a sign in an exhibition.

His Instagram account has more than 4,000 subscribers, and serves as his PR office.

As it happens, Instagram, the photo-sharing application with  90 million users, had a key role in securing his Colette exhibition. 

Several months ago, one of Baron Von Fancy’s friends noticed a picture of a T-shirt on Colette’s Instagram account with what looked like a Baron Von Fancy sign, and notified him. He wrote to Colette’s owner Sarah Andelman and showed her a picture of his art. She agreed the brand they were selling must have copied Baron Von Fancy’s art and invited him to exhibit his work in her store.

“I can’t help but thank Instagram,” says Baron Von Fancy with a laugh. “I realize how crazy that sounds, and people may say I take Instagram too seriously, but it has done so much for me. It has changed my life.”

You can already here a vast group of people shriek and shake their heads at his statement but the fact is that today social media is the way young artists to get themselves known. 

He uses the application to share his vision and show his inspiration, but also to showcase his work.

“All I think of when I wake up in the morning is create,” he says. And although he makes a living writing sentences, he says he’s not a writer, but expresses himself visually. “I’m not very good a keeping a blog, but Instagram is a perfect way to communicate and get visibility.”

Technology has opened many opportunities for him. Through social media, he has started a collaboration with the clothing brand Patagonia (the New York art director followed his Instagram account) and a collaboration with a rapper on socks.

Although Baron Von Fancy is very much an artist of our time, his art is turned toward the past, inspired by old-school classic sign painting. “Today everyone uses computer-generated fonts,” he says, looking out the window at the Parisian store fronts, “but I think that in general there is a real movement of people who are going back to things being made by hand and with care.”

To learn the art of handmade signs, Baron Von Fancy turned toward a old Latvian man called Fred who has a sign store in Queens, New York, and who taught him his art. “I sat there and looked at how he moved his hand,” he explains.

Fred has always worked in Queens, and has no idea what Colette is. He has no idea that this show means his student plays with the big boys now. “He doesn’t even get why I use most of my catchphrases,” says Baron Von Fancy.

But that is exactly what Baron Von Fancy does, and why he’s representative of his generation. He takes something basic and old, and turns into something nostalgically new and cool. Fancy, as it were.

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Phaedra Parks: I Do Not Eat for Two When I'm Pregnant

TV Watch

The Real Housewives of Atlanta

By Dahvi Shira

02/07/2013 at 05:35 PM EST

Unlike many other famous moms-to-be, Real Housewives of Atlanta star Phaedra Parks doesn't consider her pregnancy as an excuse to overindulge.

"Some people subscribe to the myth, 'I'm eating for two people,' " Parks tells PEOPLE.

"Well, not really. The other person is half of a pound. I wouldn't really count that as an individual. It's obviously a living organism, but something weighing 7 lbs. doesn't really allow you to eat two meals. Doctors say you only need an additional 500 calories."

Parks – who already has a son Ayden, 4, with her husband Apollo Nida – doesn't find it difficult to remain a healthy weight while pregnant.

"I don't count calories," she says. "I just try to eat organic, healthy food. I eat a lot of small meals per day. If I want something, I try to eat it in moderation if it's something that's not good for me. I don't really have any cravings. The only thing I [craved] during my last pregnancy were oranges. I love citrus fruit."

Adds Parks, "I really have little or no time to ponder about food all day. I just eat to live. I don't live to eat. Some people are living to eat, and I try to have a healthy relationship with food."

Nutrition habits aside, Parks – who recently released a new exercise video, Donkey Booty 2, on Jan. 31 – stays in shape with a rigorous fitness routine.

"Now I'm really doing a lot of water aerobics and stretching," she explains. "When you're pregnant, everything's moving and shifting and you've got aches and pains that you never even knew of."

The new video, she says, "focuses on arms, chest area, the entire body. It's a little more challenging than the first one, but it's still anaerobic. You're going against your own body weight and you're only using household products – milk jugs, cans of green beans, things that everyone has in the house. We try to make it easy for everyone."

Once baby is born, Parks strongly advises breastfeeding for getting a woman's body back post-pregnancy.

"I tell people to nurse their baby," she says. "It tightens up your uterus. It brings everything back in places very quickly. And it cuts down on buying milk and going to the grocery store. Milk does a body good, and if you can make it yourself, then why not?"

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Southern diet, fried foods, may raise stroke risk

Deep-fried foods may be causing trouble in the Deep South. People whose diets are heavy on them and sugary drinks like sweet tea and soda were more likely to suffer a stroke, a new study finds.

It's the first big look at diet and strokes, and researchers say it might help explain why blacks in the Southeast — the nation's "stroke belt" — suffer more of them.

Blacks were five times more likely than whites to have the Southern dietary pattern linked with the highest stroke risk. And blacks and whites who live in the South were more likely to eat this way than people in other parts of the country were. Diet might explain as much as two-thirds of the excess stroke risk seen in blacks versus whites, researchers concluded.

"We're talking about fried foods, french fries, hamburgers, processed meats, hot dogs," bacon, ham, liver, gizzards and sugary drinks, said the study's leader, Suzanne Judd of the University of Alabama in Birmingham.

People who ate about six meals a week featuring these sorts of foods had a 41 percent higher stroke risk than people who ate that way about once a month, researchers found.

In contrast, people whose diets were high in fruits, vegetables, whole grains and fish had a 29 percent lower stroke risk.

"It's a very big difference," Judd said. "The message for people in the middle is there's a graded risk" — the likelihood of suffering a stroke rises in proportion to each Southern meal in a week.

Results were reported Thursday at an American Stroke Association conference in Honolulu.

The federally funded study was launched in 2002 to explore regional variations in stroke risks and reasons for them. More than 20,000 people 45 or older — half of them black — from all 48 mainland states filled out food surveys and were sorted into one of five diet styles:

—Southern: Fried foods, processed meats (lunchmeat, jerky), red meat, eggs, sweet drinks and whole milk.

—Convenience: Mexican and Chinese food, pizza, pasta.

—Plant-based: Fruits, vegetables, juice, cereal, fish, poultry, yogurt, nuts and whole-grain bread.

—Sweets: Added fats, breads, chocolate, desserts, sweet breakfast foods.

—Alcohol: Beer, wine, liquor, green leafy vegetables, salad dressings, nuts and seeds, coffee.

"They're not mutually exclusive" — for example, hamburgers fall into both convenience and Southern diets, Judd said. Each person got a score for each diet, depending on how many meals leaned that way.

Over more than five years of follow-up, nearly 500 strokes occurred. Researchers saw clear patterns with the Southern and plant-based diets; the other three didn't seem to affect stroke risk.

There were 138 strokes among the 4,977 who ate the most Southern food, compared to 109 strokes among the 5,156 people eating the least of it.

There were 122 strokes among the 5,076 who ate the most plant-based meals, compared to 135 strokes among the 5,056 people who seldom ate that way.

The trends held up after researchers took into account other factors such as age, income, smoking, education, exercise and total calories consumed.

Fried foods tend to be eaten with lots of salt, which raises blood pressure — a known stroke risk factor, Judd said. And sweet drinks can contribute to diabetes, the disease that celebrity chef Paula Deen — the queen of Southern cuisine — revealed she had a year ago.

The National Institute of Neurological Disorders and Stroke, drugmaker Amgen Inc. and General Mills Inc. funded the study.

"This study does strongly suggest that food does have an influence and people should be trying to avoid these kinds of fatty foods and high sugar content," said an independent expert, Dr. Brian Silver, a Brown University neurologist and stroke center director at Rhode Island Hospital.

"I don't mean to sound like an ogre. I know when I'm in New Orleans I certainly enjoy the food there. But you don't have to make a regular habit of eating all this stuff."

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Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP

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India Ink: Your Suggestions on Curbing Violence Against Women in India

The trial of five of the six suspects in the New Delhi gang rape case that has captured worldwide attention began on Tuesday, just as the Indian government moved to strengthen its sexual assault laws in response to public outrage.

Last week, we asked you to weigh in on what needs to be done to end the problem of sexual assault and violence against women in India, and you offered a wide range of solutions. Some readers suggested castration of child rapists. Others offered support for the death penalty in violent cases. One argued that women should change how they dress and that boys who reached a mature age should be encouraged to marry.

Overwhelmingly, your comments contended that change depended on reforming the police and the justice system and addressing deep-rooted cultural attitudes.

“While none can forget or forgive the perpetrators of such a heinous crime, we tend to forget that the reason for them to occur is a brutal and corrupt police force. A force that knows no accountability,” wrote Gautam Nellore Reddy from Bangalore, India.

The police should be treated as “an accessory to the crime if they don’t register a complaint” and as an accomplice if they suppress information, Mr. Reddy wrote.

In addition to holding the police accountable for how they handle – or fail to handle – cases of violence against women, as well as arguing the need for more female police officers, Vijayendra Kumar of Washington encouraged changes in India’s court system.

“It may be a good idea to have [a] special unit for handling all violence against women and the unit should be headed by a woman,” Mr. Kumar wrote. “It is also very necessary to establish courts dealing with women’s issues with a mandate that judgments be delivered in a time-bound manner.”

A number of readers, including Mr. Kumar, said that reforms in the police and judicial systems would only be partial fixes. To address the abuse and violence further, they responded, India needs a change in mind-set and attitudes.

“Fast-track courts, greater women police, a sensitized male police force, all these actions are merely applying Band-Aids to a broken leg,” wrote Dr. Shireen Hyrapiet of Oregon State University. “There exists a culture of the inferiority of women which cannot and will not change unless the government and people are on the same page and equally committed to bringing about change.”

Some also suggested bringing about such a change in attitudes through education, media and social practices.

Annu Palakunnathu Matthew, a photography professor at the University of Rhode Island, grew up in India and remembers facing sexism as a young person.

“I called those years ‘my angry young woman’ days,” she wrote in a comment to The Times, adding that India now needs a cultural shift of attitudes. “Expecting women to, for example, wear long overcoats is not a serious way to resolve the problem.”

In a project called “Bollywood Satirized,” Ms. Matthew uses digital technology to alter Indian movie posters and make a commentary on gender norms and traditional roles in Indian society. A poster labeled #DELHIRAPE she created in response to the recent case displays the headline “From the Director of ‘Out of Touch Politicians.’ ”

Others who responded to our question said they believed that cultural change could be brought about by focusing on the lessons Indian children learn at home as well as through improving their education about sexual assault in schools.

A reader who gave the name Swathi recommended that the Indian media put out public service announcements with male movie stars and athletes promoting the message, “Real men do not rape.”

Another reader, David Raney of Chapel Hill, N.C., presented a particularly creative idea. He said that Indian society should start practicing a new ritual based around respecting women. One day, he said, should be set aside each week to honor women and give them flowers to wear around their necks.

“This would at least be a physical ritual,” Mr. Raney wrote, because “in India, rituals create change.”

More reader responses on this topic can be found here. Please post your own ideas and opinions below.

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Jack Osbourne: How Marriage and a Baby Changed My Life

Jack Osbourne says his life has changed so much now that's married with a child that the only rockstar he hangs out with is Grandpa Ozzy Osbourne.

"Getting married and having a child definitely has focused me," the senior correspondent for Fuse News tells PEOPLE. "Now I'm not so much worried about going out on a Tuesday night and staying up until 3 in the morning and meeting hot chicks. No."

Jack, 27, and "hen-fiancée Lisa welcomed daughter Pearl Clementine last April. Then last October, they made it official by exchanging vows in front of 48 friends and family members in Hawaii.

But Jack isn't the only one adjusting to a new baby in the family, he says that Sharon, 60, and Ozzy, 64, are too.

"Nana and Grandpa are busy, but they're very involved," Jack says. "Every Sunday we have lunch together. We've always gone to their house, they never come to my house. It's taken me nine months to really hammer into them that driving all the way across town with a newborn baby is a lot more difficult than them driving all the way across town to visit me and a newborn baby. And they're starting to actually understand that now!"

But even with a wife and child at home, Jack is remaining true to his musical roots. On Fuse News – which kicks off Wednesday with pre-Grammy coverage at 6 p.m. EST – Jack is reporting on the "snub club," iconic artists who have been shut out of the Grammys over the years.

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New whooping cough strain in US raises questions

NEW YORK (AP) — Researchers have discovered the first U.S. cases of whooping cough caused by a germ that may be resistant to the vaccine.

Health officials are looking into whether cases like the dozen found in Philadelphia might be one reason the nation just had its worst year for whooping cough in six decades. The new bug was previously reported in Japan, France and Finland.

"It's quite intriguing. It's the first time we've seen this here," said Dr. Tom Clark of the Centers for Disease Control and Prevention.

The U.S. cases are detailed in a brief report from the CDC and other researchers in Thursday's New England Journal of Medicine.

Whooping cough is a highly contagious disease that can strike people of any age but is most dangerous to children. It was once common, but cases in the U.S. dropped after a vaccine was introduced in the 1940s.

An increase in illnesses in recent years has been partially blamed on a version of the vaccine used since the 1990s, which doesn't last as long. Last year, the CDC received reports of 41,880 cases, according to a preliminary count. That included 18 deaths.

The new study suggests that the new whooping cough strain may be why more people have been getting sick. Experts don't think it's more deadly, but the shots may not work as well against it.

In a small, soon-to-be published study, French researchers found the vaccine seemed to lower the risk of severe disease from the new strain in infants. But it didn't prevent illness completely, said Nicole Guiso of the Pasteur Institute, one of the researchers.

The new germ was first identified in France, where more extensive testing is routinely done for whooping cough. The strain now accounts for 14 percent of cases there, Guiso said.

In the United States, doctors usually rely on a rapid test to help make a diagnosis. The extra lab work isn't done often enough to give health officials a good idea how common the new type is here, experts said.

"We definitely need some more information about this before we can draw any conclusions," the CDC's Clark said.

The U.S. cases were found in the past two years in patients at St. Christopher's Hospital for Children in Philadelphia. One of the study's researchers works for a subsidiary of Johnson & Johnson, which makes a version of the old whooping cough vaccine that is sold in other countries.

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JournaL: http://www.nejm.org

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The Lede Blog: Ahmadinejad Attacked With Shoe in Cairo

Last Updated, 5:44 p.m. Mahmoud Ahmadinejad’s visit to Cairo, which started with an affectionate welcome on Tuesday from Egypt’s new Islamist president, turned less pleasant as the day wore on. First, Mr. Ahmadinejad, the Iranian president, was lectured by a senior Sunni Muslim cleric and then was nearly struck with a shoe by a man furious at Iran’s support for the Syrian government.

A correspondent for Turkey’s Anadolu Agency captured the unsuccessful shoe attack on video and reported that the bearded man who tried to strike Mr. Ahmadinejad was a Syrian who shouted, “You killed our brothers!”

Video from Turkey’s Anadolu Agency of a man hurling a shoe at Iran’s president, Mahmoud Ahmadinejad, in Cairo on Tuesday.

According to the Turkish news agency’s report, the man “was immediately detained” after hitting Mr. Ahmadinejad’s bodyguards with his shoe at Cairo’s al-Hussein mosque.

While striking someone with the sole of one’s shoe is a common sign of disrespect in Arab countries, the insult spread to other parts of the world after an Iraqi journalist, Muntader al-Zaidi, nearly hit President George W. Bush with both of his shoes at a news conference in Baghdad in 2008.

Associated Press video of an Iraqi journalist throwing his shoes at President George W. Bush in Baghdad in 2008.

Earlier in the day, Mr. Ahmadinejad was apparently harangued during his meeting with Grand Sheik Ahmed al-Tayeb at Al-Azhar, Sunni Islam’s highest seat of learning. According to a statement released by Al-Azhar, Mr. Ahmadinejad was criticized for Iran’s role in what the cleric called the “spread of Shiism in Sunni lands.” The Sunni cleric also pressed the Shiite president to “not interfere in the affairs of Gulf states,” like Bahrain, where Iran is accused of lending support to protests against the ruling Sunni monarchy.

At a news conference after that meeting, Agence France-Press reported that Mr. Ahmadinejad “listened with noticeable unease” as another senior cleric complained about the disrespect shown to the Prophet Muhammad’s companions by “some Shiites.” Sunnis and Shiites disagree about whether the prophet’s companions or relatives were his rightful successors.

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Jennifer Lawrence, Anne Hathaway & More Share Oscar Dress Hints

By Alex Apatoff

02/05/2013 at 04:30 PM EST

Clockwise from top left: Jennifer Lawrence, Anne Hathaway, Jessica Chastain and Amy Adams

Splash News Online; PR Photos; Getty; WireImage

The countdown to the Academy Awards has officially begun, and so has the buzz around what the nominees will be wearing.

Nominated actresses shared their gown plans with reporters at a Beverly Hills luncheon in their honor Monday.

Though Jennifer Lawrence joked, "I'm going to wear sweatpants," it turns out just the opposite is true. "Last time was comfort. This year, I'm like, 'Suck it up, wear a corset,'" she said. "I am going to go for fashion this time."

Last year, before donning her skintight red Calvin Klein Collection number, "I ate a Philly cheesesteak and fries, and I was like 'This is definitely going to help,'" she said. "It didn't, 'cause I had to double-Spanx it."

Another star eyeing extra Spanx? Anne Hathaway, who said she couldn't start preparing for a very important reason: "It was the Super Bowl! I couldn't think about dresses with all that delicious fried food around!"

Though she did say she's looking at some "cool options," let's hope they're all more drama-free than her Giambattista Valli SAG dress, which she revealed had a broken zipper – but her "magician" stylist made it work anyway.

The Master's Amy Adams was tight-lipped about her pick for the Oscars, allowing only that it will be "a dress! No girl ever tells you. Has any girl ever gotten up here and said, 'I'm wearing this designer and it will be this color?' " she teased.

But Jessica Chastain was a bit more forthcoming about her plans, saying, "I'm going to go for something that's perhaps colorful."

Her reasoning: "Most little girls dream about their wedding dresses, but I always dreamed about my Oscar dress – maybe because I like color!" Also on her wish list for the gown: "I love fashion that celebrates a woman's body [and] maybe is a throwback to the glamour of Old Hollywood, that silhouette, but somehow making it modern."

• Reporting by MELODY CHIU

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Critics seek to delay NYC sugary drinks size limit

NEW YORK (AP) — Opponents are pressing to delay enforcement of the city's novel plan to crack down on supersized, sugary drinks, saying businesses shouldn't have to spend millions of dollars to comply until a court rules on whether the measure is legal.

With the rule set to take effect March 12, beverage industry, restaurant and other business groups have asked a judge to put it on hold at least until there's a ruling on their lawsuit seeking to block it altogether. The measure would bar many eateries from selling high-sugar drinks in cups or containers bigger than 16 ounces.

"It would be a tremendous waste of expense, time, and effort for our members to incur all of the harm and costs associated with the ban if this court decides that the ban is illegal," Chong Sik Le, president of the New York Korean-American Grocers Association, said in court papers filed Friday.

City lawyers are fighting the lawsuit and oppose postponing the restriction, which the city Board of Health approved in September. They said Tuesday they expect to prevail.

"The obesity epidemic kills nearly 6,000 New Yorkers each year. We see no reason to delay the Board of Health's reasonable and legal actions to combat this major, growing problem," Mark Muschenheim, a city attorney, said in a statement.

Another city lawyer, Thomas Merrill, has said officials believe businesses have had enough time to get ready for the new rule. He has noted that the city doesn't plan to seek fines until June.

Mayor Michael Bloomberg and other city officials see the first-of-its-kind limit as a coup for public health. The city's obesity rate is rising, and studies have linked sugary drinks to weight gain, they note.

"This is the biggest step a city has taken to curb obesity," Bloomberg said when the measure passed.

Soda makers and other critics view the rule as an unwarranted intrusion into people's dietary choices and an unfair, uneven burden on business. The restriction won't apply at supermarkets and many convenience stores because the city doesn't regulate them.

While the dispute plays out in court, "the impacted businesses would like some more certainty on when and how they might need to adjust operations," American Beverage Industry spokesman Christopher Gindlesperger said Tuesday.

Those adjustments are expected to cost the association's members about $600,000 in labeling and other expenses for bottles, Vice President Mike Redman said in court papers. Reconfiguring "16-ounce" cups that are actually made slightly bigger, to leave room at the top, is expected to take cup manufacturers three months to a year and cost them anywhere from more than $100,000 to several millions of dollars, Foodservice Packaging Institute President Lynn Dyer said in court documents.

Movie theaters, meanwhile, are concerned because beverages account for more than 20 percent of their overall profits and about 98 percent of soda sales are in containers greater than 16 ounces, according to Robert Sunshine, executive director of the National Association of Theatre Owners of New York State.

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Follow Jennifer Peltz at http://twitter.com/jennpeltz

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Wall Street bounces back after sell-off; results a boost

NEW YORK (Reuters) - Stocks climbed on Tuesday, recovering a day after the market's biggest sell-off since November, as stronger-than-expected earnings brightened the profit picture.

Dell Inc's stock rose after the world's No. 3 computer maker agreed to be taken private in a $24.4 billion deal, the largest leveraged buyout since the 2008-2009 financial crisis. The stock gained 1.1 percent to $13.42.

All 10 S&P sectors were higher, and the S&P 500 and Nasdaq gained more than 1 percent.

The market's bounce follows a sell-off on Monday that gave the S&P 500 its biggest percentage decline since mid-November. The benchmark remains up 6 percent since the start of the year and is less than 4 percent away from its all-time closing high of 1,565.15 from October 2007.

Analysts said fourth-quarter results have been among factors helping to boost stocks. On Tuesday, Archer Daniels Midland reported revenue and adjusted fourth-quarter earnings that beat expectations, boosted by strong global demand for oilseeds. Shares rose 3.3 percent to $29.38.

"There's not a huge upside surprise by any means, but we're definitely seeing slightly better-than-expected earnings overall," said Bryant Evans, portfolio manager at Cozad Asset Management, in Champaign, Illinois.

The Dow Jones industrial average <.dji> was up 99.22 points, or 0.71 percent, at 13,979.30. The Standard & Poor's 500 Index <.spx> was up 15.58 points, or 1.04 percent, at 1,511.29. The Nasdaq Composite Index <.ixic> was up 40.41 points, or 1.29 percent, at 3,171.58.

The market shot higher at the start of the year after U.S. lawmakers were able to come to a last-minute agreement to avoid a national "fiscal cliff," but questions on spending cuts remain.

President Barack Obama on Tuesday urged Congress to pass a small package of spending cuts and tax reforms. Though the plan was quickly rebuffed by Republican leaders, investors are looking for an agreement.

"I think there's some hopefulness out there that a reasonable compromise will be made," Evans said.

Also in earnings, Estée Lauder Cos Inc reported a higher quarterly profit and raised its full-year profit forecast. The stock rose 6 percent to $64.71.

With results in from more than half of the S&P 500 companies, 69 percent have beaten profit expectations, compared with the 62 percent average since 1994 and the 65 percent average over the past four quarters. Sixty-six percent of companies have beaten on revenue.

Fourth-quarter earnings for S&P 500 companies are expected to rise 4.5 percent, according to the data, above the 1.9 percent forecast at the start of earnings season.

On the down side, McGraw-Hill shares slumped 10.7 percent to $44.92 after the U.S. Justice Department filed a civil lawsuit seeking $5 billion over mortgage bond ratings. Standard & Poor's, a McGraw Hill unit, was accused of inflating ratings and understating risk out of a desire to gain more business from investment banks.

On Monday, McGraw-Hill stock suffered its worst one-day decline since the 1987 market crash.

Volume was roughly 6.7 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.

Advancers outpaced decliners on the NYSE by nearly 11 to 4 and on the Nasdaq by about 3 to 1.

(Editing by Kenneth Barry and Nick Zieminski)

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