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US stocks finished moderately higher Tuesday, recovering some of the prior session's losses, as Greece edged closer to a debt default. The broad-based S&P 500 rose 5.22 (0.25 percent) to 2,062.86, while the tech-rich Nasdaq Composite Index gained 28.40 (0.57 percent) at 4,986.87. Analysts also expressed greater optimism about Greece after Greek officials made a last-minute effort to extend its bailout hours before its expiry and a possible IMF default.
A U.S. court has ruled that the eavesdropping National Security Agency can temporarily resume its bulk collection of Americans' telephone records, according to documents made public on Tuesday. The controversial program, exposed by former NSA contractor Edward Snowden, was rocked in May by an appeals court decision ruling that the USA Patriot Act had never authorized the NSA to collect Americans' phone records in bulk. A new law, called the Freedom Act, which substantially reformed and narrowed the bulk phone data program, was signed by U.S. President Barack Obama a day after the existing program lapsed on June 1.