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Major U.S. stocks rose on Wednesday, rebounding strongly from their steepest fall in three weeks on Tuesday, as the dollar's rally eased on reports that Greece would avoid a default. The dollar enjoyed its biggest rally in two years on Tuesday, spurred by buoyant U.S. economic data that fueled expectations of an interest rate hike coming sooner rather than later this year. The strong dollar, which means that U.S. companies earn less when sales abroad are brought back, and concerns about Greece had weighed heavily on Wall Street.
Almost all of Dow stocks in positive area (27 of 30). Top looser - American Express Company (AXP, -0.36%). Top gainer - Apple Inc. (AAPL, +1.75%).
All of S&P index sectors also in positive area. Top gainer - Healthcare (+1,2%).
At the moment:
Dow 18131.00 +78.00 +0.43%
S&P 500 2116.50 +11.50 +0.55%
Nasdaq 100 4523.75 +44.00 +0.98%
10-year yield 2.16% +0.02
Oil 57.99 -0.04 -0.07%
Gold 1186.20 -0.70 -0.06%
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