Stocks closed slightly lower for the day, but it was the best January performance for the Dow Jones industrial average and the S&P 500 since 1997. Yields for ultra-safe U.S. government debt fell to their lowest level in four months as investors around the world waited for Greece to nail down a deal to reduce its crushing debt.
The Dow Jones industrial average fell 20.81 points, or 0.16 percent, to close at 12,632.91.
The Standard & Poor's 500 index fell 0.6 point, or 0.05 percent, to 1,312.41.
The Nasdaq composite gained 1.9 points, or 0.07 percent, to 2,813.84.
For the week:
The Dow is down 27.55 points, or 0.22 percent.
The S&P 500 is down 3.92 points, or 0.3 percent.
The Nasdaq fell 2.71 points, or 0.1 percent.
For the year so far:
The Dow is up 415.35 points, or 3.4 percent.
The S&P 500 is up 54.81 points, or 4.4 percent.
The Nasdaq is up 208.69 points, or 8 percent.