Dollar Rises, Treasuries Slip on Policy Bets; U.S. Shares Mixed

Treasuries fell and the dollar rallied versus the euro on speculation U.S. interest rates will rise while European stimulus continues. Stocks in the euro region jumped, while American shares fluctuated near records amid optimism over a Greek debt deal. The dollar surged 1.5 percent versus the euro at 3:33 p.m. in New York, as the common currency weakened a third day. The yield on 10-year Treasury notes topped 2.40 percent. The Standard...

Gold Back Out of Favor With Fed in Focus as Greek Deal Nears

Gold futures fell for the third straight session, falling out of favor with investors as attention shifts away from Greece and back to the outlook for higher U.S. interest rates. Federal Reserve Governor Jerome Powell suggested Tuesday that rates may rise as soon as September as the economy gains traction. Gold last week posted the biggest advance in a month after Fed officials indicated that monetary tightening will happen at a slow...

U.S. Stocks Gain as Investors Assess Rate Timing, Greece Talks

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. The S&P 500 Index climbed 0.1 percent to 2,124.31 at 4 p.m. in New York, after earlier rising within three points of its record close. The Nasdaq Composite Index increased 0.1 percent to an all-time high for a second day. The...

U.S. Stocks Little Changed as Investors Weigh Data, Greek Talks

U.S. stocks were little changed, after the Standard & Poor’s 500 Index rose near a record, as investors weighed economic data for clues on the timing of higher interest rates and watched for progress in Greece’s debt talks. Semiconductors reversed Monday’s gains as Nvidia Corp. and Qorvo Inc. fell more than 2.8 percent. AT&T Inc. rose 2.9 percent after two analyst upgrades. Darden Restaurants Inc. gained as it plans to split...

Europe Stocks Rise for 4th Day on Optimism Over Greece, Economy

European stocks posted their biggest four-day rally since January as the region leaders agreed Greece government was getting serious about reaching a deal. The Stoxx Europe 600 Index rose 1.2 percent to 398.83 at the close of trading. A report showed euro-area factory and services expanded more than forecast in June, signaling a pickup in the region economy amid quantitative-easing measures by the European Central Bank. European leaders...