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U.S. stocks rallied Wednesday, with the Dow industrials and S&P 500 positioned for their best day in nearly a month, lifted by overseas data and an expansion in U.S. manufacturing.
Investor optimism also came with “talk that Greece is going to work out a deal as far as their debt is concerned. It’s not good for their bond holders, but it’s better than Greece defaulting today or tomorrow,” Pavlik added.