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.
- Balancing act: Different kinds of guilt...
- Ground broken for transit-oriented housing...
- Dave Ramsey says: Everyone needs a financial...
- Colorado high court considers pot firing case
- Commission to highlight women in Utah economy
- Is preschool worth the money?
- 2 Utah companies respond to FDA warning over...
- Suit: Papa John's fired worker with Down...
- Marijuana could deliver more than $800... 12
- 4 things you don't want your boss to know 6
- Colorado high court considers pot... 4
- How to be a billionaire 4
- Commission to highlight women in Utah... 4
- USDA: Genetically modified wheat found... 3
- Something that may have caused the... 3
- About Utah: Baltic Avenue just bought... 3