7 Stocks you need to know for Tuesday

The Dow closed up 298.76. The Nasdaq Composite ended the day higher 62.43. And the S&P 500 added 33.63.

Here are 7 Stocks You Need to Know for Tuesday.

The White House and Congress on Monday appeared close to agreeing to a $15 billion dollar assistance package for struggling U.S.automakers Ford Motor Company (F | Quote | Chart | News | PowerRating), General Motors (GM | Quote | Chart | News | PowerRating) and Chrysler.

Texas Instruments (TXN | Quote | Chart | News | PowerRating) issued a forecast update Monday afternoon after the bell that was much lower than what analysts had been expecting.

A dramatic earnings miss in National Semiconductor (NSM | Quote | Chart | News | PowerRating) on Monday as the company fell short of expectations by seven cents.

Kroger (KR | Quote | Chart | News | PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of 38 cents.

FedEx (FDX | Quote | Chart | News | PowerRating) lowered its 2009 earnings per share forecast after the bell on Monday.

Dow Chemical (DOW | Quote | Chart | News | PowerRating) announced plans to eliminate 5,000 jobs and shut down 20 plants.