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NEWS & COMMENTARY

U.S. Stocks - Wall St extends gains ahead of Friday's payrolls data

July 02, 2013

U.S. stocks rose for a second day on Tuesday, helped by strong June car sales, while concerns receded about the Federal Reserve's plans to pare its massive bond-buying program. "We're finally getting a breath of fresh air, some relief, after two weeks of taper drama," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago. "I think a lot of leverage is out of the Street, a lot of speculation is out of the market, and I think it's going to be quiet until we get to the unemployment number on Friday."

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