Economics
U.S. Stocks Gain as Investors Assess Rate Timing, Greece Talks
Reasons for Optimism and Worry in U.S. Equities: Dutta
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U.S. stocks rose, with the Standard & Poor’s 500 Index near a record, as investors weighed economic data for clues on the timing of higher interest rates amid optimism that a deal on Greek aid is within reach.
AT&T Inc. rose 2.5 percent after two analyst upgrades. Green Dot Corp. jumped 40 percent after authorizing a stock buyback plan and reaching a new, five-year deal with Wal-Mart Stores Inc. Semiconductors reversed Monday’s gains as Nvidia Corp. and Qorvo Inc. fell more than 2.5 percent. Consumer staples slumped as the dollar rallied.