Major U.S. stock-indexes rose on Monday, with the Dow Jones industrial average moving into positive territory again for the year, after euro zone leaders reached an agreement with Greece to move forward with a bailout loan for the country to avert bankruptcy. Greece won conditional agreement to receive a possible $95 billion over three years, along with an assurance that euro zone finance ministers would start discussing ways to bridge a funding gap until a bailout - subject to parliamentary approvals - is finally ready. That will only happen if Greek Prime Minister Alexis Tsipras can meet a tight timetable for enacting unpopular reforms of value added tax, pensions and quasi-automatic budget cuts.
All of Dow stocks in positive area (30 of 30). Top gainer - Caterpillar Inc. (CAT, +2.07).
All of S&P index sectors also in positive area. Top gainer - Services (+1.2%).
At the moment:
Dow 17867.00 +198.00 +1.12%
S&P 500 2089.00 +20.00 +0.97%
Nasdaq 100 4477.00 +68.75 +1.56%
10-year yield 2.42% +0.01
Oil 52.70 -0.04 -0.08%
Gold 1156.60 -1.30 -0.11%