Stocks retreated from an earlier rally but closed with solid gains after the Dallas Fed president reaffirmed the central bank's commitment to keeping interest rates low. Meanwhile, home-builder Toll Brothers announced a surge in contracts for the third quarter, the Wall Street Journal reports.
- The Dow gained 44 points to close at 10,291.
- The Nasdaq added 16 points to settle at 2,167.
- The S&P 500 rose 6 points to 1,099.