Strong profits and a bipartisan plan to lift the US debt limit drove a stock market rebound today. Stock indexes rose after Coca-Cola, IBM, and other companies reported rising second-quarter earnings. The three major indexes added to their gains after President Obama praised a proposal by six senators that would cut debt by $3.7 trillion over the next decade, raising hope of avoiding a default. The Dow climbed 202 points to 12,587, the NASDAQ rose 59 to 2,827, and the S&P 500 rose 21 to 1,327. It's the Dow's best day of 2011, notes MarketWatch. (More Dow Jones stories.)