U.S. Stocks Increase As Data Spur Speculation On Fed

By Inyoung Hwang – Jun 14, 201

(Bloomberg)

U.S. Stocks Gain

U.S. stocks rose as reports on inflation and jobless claims bolstered speculation the Federal Reserve will act to spur growth and investors awaited an election in Greece this weekend.

Home Depot Inc. (HD) and Intel Corp. (INTC) added more than 1.1 percent to pace advances among the biggest companies. Kroger Co. (KR), the largest U.S. grocery-store chain, climbed 3.4 percent after boosting its profit forecast and announcing a $1 billion share buyback. US Airways Group Inc. (LCC) jumped 4.2 percent after saying it expects “very strong” second-quarter and full-year results.

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