13 Jul 2015
US stocks end with gains on Greek deal
FXStreet (Córdoba) - US stocks closed with solid gains on Monday as a bailout agreement for Greece that would avoid a potential Grexit, lifted sentiment and underpinned equities.
The Dow Jones Industrial Average rose 208 points, or 1.2%, to 17,969. The S&P 500 gained 21 points, or 1%, to 2,098. The Nasdaq Composite Index rose 71 points, or 1.4%, to 5,069.
US indexes tracked European peers’ gains supported by news Greece and institutions struck a potential deal for a third bailout package that would total € 86 billion through the Eurozone’s bailout fund, the European Stability Mechanism, or ESM. The programme now has to be approved by the Greek Parliament.
The Dow Jones Industrial Average rose 208 points, or 1.2%, to 17,969. The S&P 500 gained 21 points, or 1%, to 2,098. The Nasdaq Composite Index rose 71 points, or 1.4%, to 5,069.
US indexes tracked European peers’ gains supported by news Greece and institutions struck a potential deal for a third bailout package that would total € 86 billion through the Eurozone’s bailout fund, the European Stability Mechanism, or ESM. The programme now has to be approved by the Greek Parliament.