NEW YORK (CNNMoney.com) - Stocks made tentative gains Tuesday morning after a weaker open as investors welcomed falling oil prices and upbeat earnings from Walt Disney and Coca-Cola.

The Dow Jones industrial average (up 9.44 to 10,807.71, Charts) and the Nasdaq composite (down 3.77 to 2,255.03, Charts) both added a few points in the early going. The Standard & Poor's 500 index (down 3.01 to 1,262.01, Charts) was little changed.

Stocks ended mixed Monday as investors mulled oil prices and the potential for higher-than-expected interest rates.

Those issues remained in focus Tuesday morning, but shared the stage with the latest earnings and other corporate news.

Walt Disney (up $0.61 to $25.57, Research) shares jumped more than 2 percent at the open. Late Monday, the Dow component reported higher earnings in its fiscal first-quarter, while Tuesday it said that selling its ABC Radio network to Citadel Broadcasting in a $2.7 billion cash and stock deal.

Fellow Dow component Coca-Cola (up $0.47 to $41.41, Research) rose modestly after reporting lower quarterly earnings that nonetheless beat analysts' average forecasts.

General Motors (up $0.22 to $23.56, Research) was little changed after announcing that it has slashed its quarterly dividend in half and cut the salaries of its top executives.

On the downside, Toll Brothers (down $1.12 to $30.08, Research) slumped after reported weaker-than-expected quarterly revenue and cutting its 2006 forecast for home sales for the second time.

U.S. light crude oil for March delivery retreated 85 cents to $64.26 a barrel on the New York Mercantile Exchange.

Treasury prices were little changed, with the 10-year note yield at 4.53 percent.

In currency trading, the dollar fell against the euro and yen.

COMEX gold for April delivery fell $8.20 to $562 an ounce.

In global trade, major Asian markets ended lower and European shares fell at midday.

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