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.
- New solar energy project at Utah Olympic Oval...
- $1.8B project to take Salt Lake City...
- Company plans to hire up to 1,000 new...
- Balancing act: Survey says lack of balance,...
- Dave Ramsey says: Don't leave an estate with...
- Airlines scrap Israel flights over missile fear
- Microsoft makes design central to its future
- Beef pollutes more than pork, poultry, study...
- $1.8B project to take Salt Lake City... 17
- Obama gives protection to gay,... 6
- Would you permanently leave your family... 6
- Future of Draper Park School building... 4
- New solar energy project at Utah... 4
- Weird ways our brains control our money... 3
- Project aims to improve wireless... 2
- Balancing act: Survey says lack of... 2