Summary Box: Stocks waver as Greece talks go on

AP News
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Posted: Jan 23, 2012 4:25 PM
Summary Box: Stocks waver as Greece talks go on

EURO UP: The euro rose to a three-week high against the dollar on hopes that the Greek government will reach a deal with creditors to trim the country's debt.

GAS GAIN: Natural gas prices rose after Chesapeake Energy said it will cut production in response to cheap prices and rising supplies. Stocks of gas producers jumped.

STEADY CLIMB: The S&P 500 index edged up 0.62 points Monday to close at 1,316. The stock market is off to a strong start in 2012. Better-than-expected job growth in the U.S. and easing worries about Europe's debt woes have pushed the S&P 500 up 4.6 percent for the year.