Stocks rose while the Nasdaq turned slightly positive on Tuesday after the Federal Open Market Committee's minutes said some Fed officials were ready to provide more easing monetary policy easing if the recovery was too sluggish to cut the nation's unemployment rate.
In the minutes of their June meeting, other Fed officials disagreed and said that if recent increases in inflation do not moderate, the Fed should consider tightening policy sooner than expected.
The Dow Jones industrial average <.DJI> was up 60.17 points, or 0.48 percent, at 12,565.93. The Standard & Poor's 500 Index <.SPX> was up 7.19 points, or 0.54 percent, at 1,326.68. The Nasdaq Composite Index <.IXIC> was up 3.96 points, or 0.14 percent, at 2,806.58.
(Reporting by Ryan Vlastelica; Editing by Jan Paschal)