Closing Bell For Wednesday, June 25: U.S. Stocks End Higher

The major markets all saw green for the first time this week as Investors started feeling better about the economic recovery and the U.S.
Author:
Publish date:

The major indices saw green for the first time this week as investors started feeling better about the economic recovery and the U.S. Supreme Court ruled in favor of broadcast media. Stocks pulled back in early trading after the release of the latest GDP data showed the economy shrank 2.9 percent in the first quarter. But the markets shook off the news showing optimism for the current quarter. And CBS jumped more than 4-percent after the nation's Supreme Court ruled that Aereo is violating broadcaster rights. Oil and gold prices also had a good trading day. TheStreet's Susannah Lee has the details.