NEW YORK — U.S. stock markets are reclaiming lost ground on hopes that Greece is heading toward a resolution in the European debt-reduction talks with private creditors.
A deal would mean the beleaguered country may be closer to securing its second bailout package.
Minutes after the opening bell Tuesday, the Dow Jones industrial average is up 60 points, or 0.5 percent, to 12,713.
The broader S&P 500 index is up 7 points, or 0.5 percent, to 1,319. The Nasdaq composite is up 14 points, or 0.5 percent, to 2,826.
The hopes came after a large majority of countries in the European Union late Monday agreed to sign a new treaty designed to stop overspending in the eurozone. Greece's prime minister indicated that progress was being made in his country's debt negotiations.
- Writers offer personal finance advice to Obama
- Former middle-class moms choose new identity...
- IRS probe ignored most influential groups on...
- Dick Harmon: Utah analytics company breaks...
- New app helps consumers purchase products...
- Utah added 43,000 more jobs in April 2013...
- West Davis Corridor project unveiled amid...
- Is the Wii U already becoming outdated?
- Writers offer personal finance advice... 24
- Utah's public university presidents... 9
- New app helps consumers purchase... 8
- Obama: 'Our focus cannot drift' from... 7
- Two new hotels announced for downtown... 6
- West Davis Corridor project unveiled... 6
- Tea party tax returns show small... 4
- IRS probe ignored most influential... 4