Brands rebounded from early losses to close slightly higher Tuesday. McDonald’s, American Express and Coca-Cola led the upswing. Stocks stepped up on news that Greece has reached a deal to secure a second bailout package. Meanwhile, crude oil tacked on $1.50 to settle at $98.41 a barrel. Walt Disney reported earnings details after the closing bell. The entertainment titan said net income hit $1.46 billion, or 80 cents a share, up from $1.3 billion, or 68 cents, a year earlier. On the horizon, Nissan, Time Warner, and Cisco will post quarterly results tomorrow.
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