US stocks inched higher on Tuesday, pushing the S&P 500 above 2,100 to another record intraday high as optimism grew that a debt deal would be reached with...

US stocks inched higher on Tuesday, pushing the S&P 500 above 2,100 to another record intraday high as optimism grew that a debt deal would be reached with Greece. A source told Reuters that Greece intends to ask for an extension of a loan agreement tomorrow. The report follows a collapse of deal negotiations on Monday, which led to European Union finance ministers pressuring the country to remain in an international financial rescue program... The news was viewed as another sign of progress, building on the recent optimism that contributed to major indexes notching a second straight week of solid gains last week. Despite that, investors continued to monitor the situation cautiously, while a fragile Ukraine truce added to the market's uncertainty. The Dow Jones industrial average rose 15.55 points, or 0.09 percent. Full report via Reuters: (VIEW LINK)


MORE ON



Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.