Wall St. up on Greece optimism, fading rate hike fears
New orders for U.S. factory goods unexpectedly fell in April as demand for transportation equipment and other goods weakened – the latest data that suggest the economy might not be bouncing back strongly enough after a first-quarter slump, to permit a rate hike earlier rather than later in the year. The economy's recent poor performance may be more than transitory, as the full impact of weak consumer spending, low investment and the high value of the dollar become apparent, Fed board memb
Read more »