Stocks Post a Strong Week as Talk of a July Rate Hike Heats up

U.S. equities enjoyed their strongest week since early March, climbing 2.3 percent despite growing acceptance that a second rate hike from the Federal Reserve is coming soon. Chair Yellen did nothing to dispel that notion in public remarks on Friday when many investors no doubt had one foot out the door ahead of the long holiday weekend. Stocks nevertheless ended the session and the week on a positive note.