Closing Bell: Volkswagen to Pay $10B to Settle Investigation; U.S. Stocks Up

U.S. stocks held near highs through to the end of the session as Wall Street bet on a favorable outcome of the 'Brexit' referendum. Polls show the vote to 'stay' has a slight lead, though the margins are too close to call. Volkswagen (VLKAY) has reportedly agreed to pay roughly $10.2 billion to settle a U.S. investigation into its emissions-cheating technology. The payout would largely be divided among the hundreds of thousands of affected customers. Barnes & Noble (BKS) - Get Report rose after issuing a more confident outlook for its full year. The company said it is focusing on driving online sales, reducing expenses and growing its membership base. Micron Technology (MU) - Get Report spiked after Nomura boosted its rating to BUY and upped its price target.