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1,349.96 UP +0.22%
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2,915.86 UP +0.41%
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Oil *
117.78
10 Yr
1.98%
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Stocks Close Higher Despite Greek Debt Woes
Stocks finished higher Wednesday as the market digested news that the European Central Bank remains divided over how it will contribute to a Greek debt restructuring and as Prime Minister Lucas Papademos began negotiations with Greek political leaders.
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Markets
NEW YORK (TheStreet) -- Stocks finished higher Wednesday as the market digested news that the European Central Bank remains divided over how it will contribute to a Greek debt restructuring, and as Prime Minister Lucas Papademos began negotiations with Greek political leaders.
The Dow Jones Industrial Average climbed 5.75 points, or just 0.04%, to 12,884. The S&P 500 rose 2.9 points, or 0.2%, to 1,350, and the Nasdaq finished 11.8 points higher, or 0.4%, at 2,916.
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"With a lack of economic data today, the markets are focused overseas with the financial problems in Greece," says Stephen Carl, head equity trader at Williams Capital Group. "Without a concrete agreement the markets will not show much strength."
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