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Stocks Higher as Greece Talks Continue 07/07 15:27

   U.S. stocks are moving higher as investors wait to see what happens at a 
summit meeting of European leaders to discuss Greece's strained finances.

   NEW YORK (AP) --- U.S. stocks are moving higher as investors wait to see 
what happens at a summit meeting of European leaders to discuss Greece's 
strained finances.

   The gains Tuesday were led by utilities stocks and makers of consumer 
staples, safe-play sectors investors tend to favor when they're fearful of 
market swings.

   Materials stocks fell as prices for metals and other commodities dropped. 
Newmont Mining lost 3 percent.

   The market recovered from an early loss and ended the day higher.

   The Dow Jones industrial average climbed 93 points, or 0.5 percent, to 
17,776.

   The Standard & Poor's 500 index rose 12 points, or 0.6 percent, to 2,081. 
The Nasdaq composite inched up five points, or 0.1 percent, to 4,997.

   Bond prices rose. The yield on the 10-year Treasury note fell to 2.26 
percent.


(KA)


 
 
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