US stocks rise as consumer data offsets climbing coronavirus cases

US stocks rose on Tuesday as investors weighed climbing coronavirus cases with positive economic data.
Coronavirus cases continue to climb in multiple US states, leading to new restrictions and rollbacks of reopening phases.
US consumer confidence jumped in June the most since 2011, exceeding economist expectations. 
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steve Mnuchin are set to testify before the House Financial Services Committee at 12:30 p.m.
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