ECONOMY

Greek deal optimism gives stocks another nudge ahead

US stocks are opening slightly higher as hopes mount for a solution to Greeces debt standoff.

The Dow Jones industrial average climbed 29 points, or 0.2 percent, to 18,147 as of 9:35 am Eastern time Tuesday.

The Standard & Poor’s 500 index picked up two points, or 0.1 percent, to 2,125.

The Nasdaq composite gained two points, less than 0.1 percent, to 5,156.

European markets also rose.

Darden Restaurants jumped 4 percent, the most in the S&P 500 index, after the company reported solid gains in sales at its Olive Garden chain.

Energy stocks lagged the market as the price of oil turned lower. U.S. crude lost 72 cents to $59.66 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.42 percent. [AP]

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