U.S. stocks rise as German court clears way for ESM; hopes increase for more U.S. quantitative easing
“U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a four-year high, after Germany’s highest constitutional court allowed the country to ratify the euro area’s permanent bailout fund,” Inyoung Hwang reports for Bloomberg. “Apple Inc. (AAPL) gained 0.5 percent before the company introduces its redesigned iPhone later today.” “The S&P 500 added 0.4…