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Thursday, February 16, 2012

BREAKING NEWS: Stocks Hit Session Highs on Greek Optimism

Wall Street is charging further into positive territory, boosted by media reports that European officials may approve a Greek bailout early next week and the ECB may initiate a Greek debt swap this weekend. The Dow is up 107 points, or 0.84%, while the broader S&P 500 is higher by 10.1 points, or 0.75%. Treasury prices are sliding as traders move into riskier asset classes, pushing the yield on the 10-year note up to 1.981%.


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