Stocks snap back from Tuesday's selloff, seemingly undeterred by a higher dollar, lower oil and mixed earnings.
Stocks extend gains by mid-afternoon Wednesday.
Stocks rebounded in midday trading Wednesday fortified by a rally in Europe on news Greece could be close to sealing a deal with its European creditors.
Stocks back off session highs as a selloff among luxury goods companies undercuts the S&P 500's positive run.
Stock futures are seeing a small bounce on Wednesday morning.
Time Warner Cable (TWC) topped the S&P 500 after Charter Communications (CHTR) agreed to acquire its larger rival for around $55 billion.
Signs of economic recovery from the housing sector and durable goods numbers exacerbate fears the Fed will hike rates sooner than expected.
Stocks slump on Tuesday as crude oil struggles to hold onto a level above $58 a barrel.
Stocks plummeted on stronger economic data which exacerbated fears the Federal Reserve will hike interest rates sooner than expected.
Stocks extend losses by mid-morning Tuesday, falling as the dollar surges and oil declines.