NEW YORK, Jan. 22 (UPI) -- U.S. stock indexes reversed direction in New York Tuesday, recouping early losses and moving solidly into positive territory by the close of trading. After an early drop of 27 points, the Dow Jones industrial average closed with a gain of 62.51 points, 0.46 percent, to 13,712.21. The Nasdaq composite index gained 8.47 points or 0.27 percent, to 3,143.18. The Standard and Poor's 500 gained 6.58 points or 0.44 percent to 1,492.56. On the New York Stock Exchange, 2,110 stocks advanced and 930 declined on a volume of 3.5 billion shares traded. The 10-year treasury note yielded 1.847 percent.