U.S. Stocks Pare Gains While Crude Oil Jumps to Nine-Month High

U.S. equities pared early gains as a surge in oil dragged down transportation and consumer shares while Greece’s approval for a second bailout failed to spur enough confidence to keep the Standard & Poor’s 500 Index at an almost four-year high. Treasuries declined.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.