LONDON: U.S. stocks rose, as the back-and-forth between Greece and its creditors fueled hopes about a possible deal.
The Dow Jones Industrial Average added 138.40 points, or 0.8%, to 17757.91. The S&P 500 index gained 14.31 points, or 0.7%, to 2077.42, and the Nasdaq Composite rose 26.26 points, or 0.5%, to 5013.12.
The twists and turns in Greece’s financial situation continued to buffet stocks. As in recent days, the moves were driven by short-term investors such as hedge funds, rather than longer-term investors making bets on individual stocks, traders said.
