U.S. stocks were modestly higher Thursday, as investors grew hopeful that private sector bondholders are on the verge of accepting a debt swap deal with Greece.
The Dow Jones industrial average (INDU) added 40 points, or 0.3%, the S&P 500 (SPX) gained 7 points, or 0.5%, and the Nasdaq (COMP) rose 12 points, or 0.4%.
Greece is moving closer to finalizing an agreement with its private-sector bondholders on a restructuring of Greece's debt. The agreement is the final hurdle Greece must clear to meet all the conditions of its second €130 billion bailout program from the European Union and International Monetary Fund.
Shake-up time for Team Hillary?
New report says illegal immigrants DID get millions in Obamacare subsidies
Mike Shedlock - European Bloodbath Spills Over to US Markets: Deutsche Bank CoCo Bonds Collapse, Shares at Record Low
The "Establishment" Nonsense | Human Events
After Youtube Terminated His Account Twice, Hickok45 Found A New Home
Why Would Team Cruz Raise New Hampshire Expectations? | RedState