Arab Today, arab today us stocks rally despite greece uncertainty
Last Updated : GMT 02:14:22
Arab Today, arab today
Arab Today, arab today

US stocks rally despite Greece uncertainty

Arab Today, arab today

Arab Today, arab today US stocks rally despite Greece uncertainty

US stocks
New York - XINHUA

U.S. stocks pared early losses to end mildly higher Tuesday, as investors were assessing the impacts of the unfolding Greek debt crisis.

The Dow Jones Industrial Average added 93.33 points, or 0.53 percent, to 17,776.91. The S&P 500 gained 12.58 points, or 0.61 percent, to 2,081.34. The Nasdaq Composite Index edged up 5.52 points, or 0.11 percent, to 4,997.46.

An emergency Eurogroup meeting in Brussels, Belgium, on the Greek debt deal ended inconclusive Tuesday afternoon, with lenders saying publicly that their expectation for new Greek proposals fell, but Athens denied.

The finance ministers of eurozone countries didn't receive new proposals they had expected from Greece Tuesday, said Eurogroup head Jeroen Dijsselbloem after the crucial meeting.

Newly-appointed Greek Finance Minister Euclid Tsakalotos gave an oral presentation to the eurozone finance ministers, saying the new proposal would be presented Wednesday.

The statements from both sides were made as Greek Prime Minister Alexis Tsipras was holding a meeting with German Chancellor Angela Merkel and French President Francois Hollande in Brussels ahead of the eurozone summit which was convened later Tuesday on the Greek issue.

Greek banks are closed and capital controls have been imposed in Greece since June 29. ATMs are expected to run out of cash this week, and without emergency assistance, Greece seems to be heading to default and possibly an exit from the eurozone.

On economic front, the goods and services deficit of the United States was 41.9 billion U.S. dollars in May, an increase of 1.2 billion dollars from April's revised level, according to the U.S. Commerce Department Tuesday.

The number of job openings was little changed at 5.4 million on the last business day of May, the highest since December 2000, the Department of Labor reported Tuesday.

The CBOE Volatility Index, often referred to as Wall Street's fear gauge, shed 5.41 percent to end at 16.09 Tuesday.

In other markets, oil prices continued to drop as investors awaited developments in the Greek debt crisis.

The West Texas Intermediate for August delivery moved down 0.20 dollar to settle at 52.33 dollars a barrel on the New York Mercantile Exchange.

The U.S. dollar increased against the euro as investors were awaiting future developments in Greek debt crisis.

In late New York trading, the euro fell to 1.0977 dollars from 1.1051 dollars in the previous session, while the dollar bought 122.46 Japanese yen, higher than 122.45 yen of the previous session.

Gold futures on the COMEX division of the New York Mercantile Exchange fell as investors waited to see if a eurozone summit could produce results in alleviating the debt crisis in Greece.

The most active gold contract for August delivery lost 20.6 dollars, or 1.76 percent, to settle at 1,152.60 dollars per ounce.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks rally despite greece uncertainty Arab Today, arab today us stocks rally despite greece uncertainty

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks rally despite greece uncertainty Arab Today, arab today us stocks rally despite greece uncertainty

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday