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Stocks edge higher amid optimism on Greece

The opinions expressed by columnists are their own and do not necessarily represent the views of

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.

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