Midday Report: Domino's Accused of Wage Violations; U.S. Stocks Rally

After nearly a week of pressure, Wall Street was ready to bounce back on Tuesday. Any upward momentum has recently been constrained by near-constant rate-hike chatter amid signs the central bank could move higher as soon as June. New home sales crushed estimates in April as builders increased construction to meet demand. Sales surged nearly 17 percent, the biggest increase in 24 years. New York's attorney general has filed a lawsuit against Domino's (DPZ) - Get Report  and a number of its affiliates and franchisees, accusing them of wage violations. The office said the pizza chain had knowingly used a payrolls software that under-calculated gross wages. Autozone (AZO) - Get Report  reported a disappointing third quarter tied to rough weather in Midwestern, Middle Atlantic and Northeastern states. The auto-parts retailer said same-store sales rose, though at a slower pace than a year earlier. TheStreet's Keris Lahiff reports from Wall Street.