Stocks Ended Higher, Greece and Earnings Eyed

U.S. stocks closed higher on Tuesday after a choppy trading session as investors eyed developments in the Greece debt crisis and the start of corporate earnings season. The Dow Jones Industrial Average gained 93.33 points, or 0.53%, to 17,776.91. The S&P 500 was up 12.58 points, or 0.61%, to 2,081.34. The Nasdaq Composite added 5.52 points, or 0.11%, to 4,997.46.

Eurozone leaders were considering proposals on Tuesday to provide Greece with emergency financing to avert another default in exchange for passing at least some of the economic measures Greek voters rejected last weekend.

Hiking interest rates too soon could stall the U.S. economy, the International Monetary Fund said Tuesday, embellishing a prior call for the Federal Reserve to hold steady until early next year.

Container Store Inc. (TCS) shares jumped 6% after the retailer of storage-organization systems reported better-than- expected first-quarter results and kept its full-year profit outlook. The company said Tuesday its first-quarter loss widened to $5.2 million, or 11 cents a share, from $3.58 million, or 7 cents, a year earlier.

Chesapeake Energy Corp. (CHK) had its best day in six months Tuesday as its shares surged 10% to lead the S&P 500. Goldman Sachs last week said the natural gas and oil producer has the potential to rise 43.2% from its current level.

Fitbit Inc.’s stock (FIT) ran up 4% in premarket trade Tuesday, after the RW Baird issued an upbeat research note on the maker of fitness activity trackers.

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