- Wall Street gains ahead of Fed meeting
- Microsoft up on new tablet computer

Dow: +0.96%
S&P 500: +1.04%
NASDAQ: +1.18%

US Stocks rose through Tuesday morning as hopes were raised that a stable Greek government might be formed, while the Federal Reserve began a two day policy meeting.

The picture in Europe has improved, with Germany facing pressure from the G20 summit in Mexico to allow the European Central Bank more leeway in handling the sovereign debt crisis.

In Greece, statements from the leaders of the Democratic Left and Pasok parties have suggested they are close to forming a national "salvation" government with New Democracy.

Stateside and investors are wondering whether the Fed may inject more stimulus into the US economy through quantitative easing.

COMPANIES

Microsoft rose nearly 4% after revealing its own tablet computer offering, the Surface, which is intended to rival the iPad.

Bank of America gained nearly 5% after news lenders may not be forced to buy back troubled mortgage loans.

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