U.S. stocks advance as Alcoa’s sales exceed analyst estimates

STOCKS ROSE IN THE U.S. after sales from Alcoa Inc. exceeded analyst estimates.  / BLOOMBERG FILE PHOTO/SCOTT EELLS
STOCKS ROSE IN THE U.S. after sales from Alcoa Inc. exceeded analyst estimates. / BLOOMBERG FILE PHOTO/SCOTT EELLS
WASHINGTON - U.S. stocks rose, snapping a two-day drop in the Standard & Poor’s 500 Index, amid earnings optimism after Alcoa Inc. reported sales that exceeded projections. Alcoa gained 0.9 percent as it sold aluminum at a higher- than-expected price. Constellation Brands Inc. added 2.4 percent after the wine producer reported earnings that beat estimates…

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