U.S. Stocks Rise as Pound's Weakness Pushes European Markets Higher

U.S. stocks rose on Tuesday as the pound hit a 31-year low against the dollar, sending European stocks higher. The pound plunged following assurances from U.K. Prime Minister Theresa May that the two-year withdrawal from the European Union would begin in March 2017. Netflix (NFLX) - Get Report shares were in focus amid rumors Disney (DIS) - Get Report may be interested in acquiring the video streaming service. Last week, Disney was also linked to merger interest with Twitter (TWTR) - Get Report . Darden Restaurants (DRI) - Get Report , the parent company of Olive Garden, rose 5% after reporting a 2% increase in same-store sales for its most recent quarter. The company also raised its full year earnings guidance. TheStreet's Scott Gamm reports from Wall Street.