U.S. stocks rise following Greece bailout deal
The tentative eurozone agreement to bail out Greece gave Wall Street a boost Monday. The Dow Jones Industrial Average jumped more than 200 points, while Nasdaq and the S&P 500 both saw their best three-day stretches in months, CNBC reports. Overall, U.S. stocks rose 1 percent.
After more than 16 hours of talks, eurozone leaders reached a unanimous agreement early Monday for a third bailout deal in five years for Greece. The nation is on the brink of economic collapse, and faced the prospect of being forced out of the eurozone.
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