Washington - SPA
U.S. stocks closed higher Tuesday, as investors felt relief from Greece and were optimistic that the Federal Reserve (Fed) might act to boost the economy at the end of its two-day meeting. The dollar was slightly lower than the euro, the yen, and the pound. Light sweet crude oil for July delivery moved up 75 cents to $84.03 a barrel on the New York Mercantile Exchange. Gold futures fell $3.90 to $1,623.10 an ounce. The Dow Jones industrial average gained 95.51, or 0.75 percent, to 12,837.33. Shares of JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, and Citigroup were all up between 2 percent and 5 percent. The broader Standard & Poor’s 500 index rose 13.20, or 0.98 percent, to 1,357.98. The technology-heavy Nasdaq composite index moved up 34.43, or 1.19 percent, to 2,929.76.