Stocks Close Higher After Debt Deal in Greece
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Posted: 4:29 PM Feb 9, 2012
Stocks Close Higher After Debt Deal in Greece
The Dow Jones industrial average is finishing six points higher at 12,890.
Reporter: Associated Press
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New York, NY (AP) - The stock market finally got a deal from Greece, but it didn't produce much of a rally.

The Dow Jones industrial average is finishing six points higher at 12,890. The Standard & Poor's 500 is closing up two at 1,352. The Nasdaq composite ends the day up 11 at 2,927.

Greece says it has agreed to cut spending to satisfy some of its lenders. That's a key condition for Greece to avoid a default next month that could spook world financial markets.

Earlier Thursday, the Dow rose to within 75 points of 13,000, a milestone it hasn't reached since 2008. The S&P's gain took it within about a point of doubling its level on March 9, 2009, the low for stocks during the Great Recession.

Latest Comments

Posted by: Anonymous on Feb 10, 2012 at 05:31 PM

The only thing making Gerry look good is the other Gerry
Posted by: Anonymous on Feb 10, 2012 at 05:30 PM

So your sorry and move on.org
Posted by: Gerry on Feb 10, 2012 at 04:08 PM

I want everyone to know there is a liberal keynesian posting with my name who posts incorrect facts.
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