U.S. Stocks Close Higher, Erasing Early Losses

U.S. stocks finished with gains on Tuesday following reports that Greece has proposed an interim financing until the end of July. The main indexes had spent most of the day in the red, weighed down by worries over the eurozone and China's falling stock markets. The S&P 500 closed up by 12.59 points, or 0.6%, to 2,081.35, while the Dow Jones Industrial Average gained 93.33 points, or 0.5%, to end at 17,776.91, according to preliminary FactSet data.