Better manufacturing data as well industrial production figures boosted asset prices.
Better-than-expected eurozone confidence data are also helping ahead of more key US releases Thursday.
Allergan is downgraded to 'hold,' and AMD is upgraded to 'outperform.'
These stocks' ratings flip-flop on share price volatility as rising interest rates offset positive housing news.
Some are likely to begin selling off the property they have been renting recently.
Shares of homebuilders take a beating as housing prices rise.
Costco and Tiffany to report earnings. Consumer confidence index for May to be released. Carnival slashes prices to attract customers after a string of accidents. Pending home sales for April are due.
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Investors need to rethink that often-repeated belief, because times have definitely changed.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
A TripAdvisor survey found that 77 percent of Americans said they worked while on vacation in the past year.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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