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08.03.2012 18:15

US Stocks rose

 

U.S. stocks rose as more investors indicated they will participate in Greece’s debt swap.

The S&P 500 advanced, as all of its 10 groups gained.

Stocks gained today on speculation Greece will reach its participation target by the deadline of 10 p.m. in Athens. Holders of about 60 percent of the Greek bonds eligible for the deal have agreed to the offer.

Investors also watched economic data as the number of Americans filing claims for jobless benefits rose to 362,000 last week, a level consistent with an improving labor market.

The Labor Department will report monthly jobs data tomorrow, which economists forecast will show an increase of 225,000 private jobs and total non-farm payrolls growth of 208,000.

Currently:

Dow 12,907.87 +70.54 +0.55%

Nasdaq 2,965.80 +30.11 +1.03%

S&P 1,364.87 +12.24 +0.90%


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