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Stocks, dollar gain on strong U.S. retail sales

From reuters.com

Global equity markets rose on Thursday on optimism over still testy Greek debt talks and on strong U.S. retail sales, which lifted the U.S. dollar and bolstered expectations the Federal Reserve will raise interest rates this year. European shares pared gains after the International Monetary Fund's delegation unexpectedly left Brussels and flew home, citing major differences with Athens. Greece wants to step up negotiations, a Greek spokesman said later. U.S. retail sales rose 1.2 percent in May after an upwardly revised 0.2 percent gain in April, the Commerce Department said, as households boosted purchases of ... (full story)

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