The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA +0.70% rose 24 points in afternoon trade, defying the negative breadth in the broader market, as the sharp gains in three Dow components were enough to keep the blue-chip barometer in positive territory. Of the Dow's 30 components, 21 were trading lower. But the stock price gains for International Business Machines Corp. /quotes/zigman/230066/composite IBM +1.02% , United Technologies Corp. /quotes/zigman/244482/composite UTX +1.15% and Procter & Gamble Co. /quotes/zigman/238894/composite PG +0.47% after upbeat earnings reports added about 121 points to the Dow's price. Meanwhile, the number of declining stocks lead advancers 1,699 to 1,095 on the NYSE and 1,601 to 1,153 on the Nasdaq exchange. The volume of declining stocks represented 58.8% of total volume on the Big Board and 65.2% of total volume on the Nasdaq. While the Dow gained, the S&P 500 /quotes/zigman/3870025/realtime SPX +0.64% declined 0.2% and the Nasdaq Composite /quotes/zigman/12633936/realtime COMP +0.91% shed 0.5%.