"Be 100 percent in equities"
- Laurence D. Fink, chief executive officer of BlackRock Inc.
U.S. stocks closed positive on Wednesday while investors awaited the outcome of negotiations between Greece and the troika.
The Standard & Poor's 500 added 0.22%, or 2.72 points, to 1,349.96. The Dow Jones Industrial Average gained 0.04%, by 5.75 points, to 12,883.95. The Nasdaq Composite Index soared 0.41%, or 11.78 points, to 2,915.86.
"Be 100 percent in equities," Laurence D. Fink, chief executive officer of BlackRock Inc., the world's largest money manager, said in an interview on Wednesday.
"I don't have a view that the world is going to fall apart, so you need to take on more risk. You need to overcome all this noise and there are great values in equities."
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