U.S. stocks moved more confidently higher after Bank of England's Mark Carney backed further monetary easing in the wake of the Brexit decision. A three-day rally on Wall Street has been partially fueled by increased hopes of stimulus from the world's central banks. Economic activity in the Chicago area topped estimates in June with improvements seen in both production and new orders. Chicago PMI returned to expansion territory, rising to its best level since January 2015. Hershey (HSY - Get Report) rocketed to record highs on reports Mondelez International (MDLZ - Get Report) has made a takeover bid. Details of the offer are still emerging and no deal has been confirmed by either company. Seagate Technology (STX - Get Report) announced plans to eliminate three percent of its workforce, or roughly 1,600 jobs. TheStreet's Keris Lahiff reports from Wall Street.