Most U.S. Stocks Rise Amid Technology, Bank Rally; Euro Slumps

Most U.S. stocks rose as higher-than-estimated results at companies including International Business Machines Corp. and Microsoft Corp. drove technology shares higher and banks rallied. The euro fell amid talks between Greek officials and private creditors.

The Standard & Poor’s 500 Index gained 0.1 percent to 1,315.38 at 4 p.m. in New York, erasing a loss in the final minutes of trading. The Dow Jones Industrial Average rose 96.50 points to 12,720.48, boosted by International Business Machines Corp. after its earnings forecast topped estimates. The euro lost 0.3 percent to $1.2936. Oil fell 1.9 percent, while orange juice surged to a record on supply concerns. Ten-year Treasury yields topped 2 percent for the first time in more than a week.