Finance Latest News: Wall Street Rises on Earnings Reports

Wochit
The S&P 500 rose on Tuesday after earnings from Pfizer and others supported the market, but Mosaic and other potash producers tumbled on expectations of a global price decline. Data from CoreLogic showed lenders completed fewer U.S. foreclosures in June than they did a year ago, while the number of properties sitting in the foreclosure pipeline also decreased as the housing market continued to improve. JPMorgan Chase & Co agreed to pay a civil penalty of $285 million and disgorge $125 million to settle allegations of power market manipulation in California and the Midwest, the latest settlement in a series of high-profile investigations by U.S. federal energy regulators against banks.
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