U.S.
stocks rose, after equities capped their worst quarter since 2012, as
Greece signaled it was ready to compromise to end a standoff over a
bailout.
The
S&P 500 climbed 0.6 percent to 2,074.85 at 12:18 p.m. in New York,
after earlier rising as much as 1 percent. The Dow Jones Industrial
Average added 110.94 points, or 0.6 percent, to 17,730.45. The Nasdaq
Composite Index also advanced 0.5 percent.
Greek
Prime Minister Alexis Tsipras said he’s willing to accept creditors’
latest offer as a basis for compromise. The July 5 referendum on more
austerity and disagreements over pensions, spending and taxes remain
sticking points. Greece missed a $1.7 billion repayment Tuesday to the
International Monetary Fund after Europe’s leaders rebuffed its previous
attempts to secure financing before bailout funding ended.
Source : Bloomberg
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