(CNBC) — U.S. stocks closed higher on Tuesday as the Federal Reserve's began a two-day meeting and investors attempted to shake off worries about the Greece debt talks.
"Looking at the bigger perspective, we've been in this narrow range for almost four months," said David Lefkowitz, senior equity strategist at UBS Wealth Management. "Greece matters but I also think the market is trying to understand what the Fed's next steps are."
Investors are looking for signals on the pace of rate increases, in addition to the timing of the initial hike.
Advertisement - story continues below