Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

U.S. Stocks Rise After Economic Reports, Optimism On Greece

Thursday, June 30, 2011 - 10:33 AM
"U.S. stocks rose, giving the Standard & Poor’s 500 Index its biggest four-day gain since December, after the Greek parliament supported a European bailout, German banks pledged support for the nation and a measure of American business activity improved."

Treasuries are selling-off in this end-of-month rally in equities. It appears the cash on the sidelines is moving into riskier assets today. Also, the fund companies want to tout a quarterly gain to their share holders.

U.S. Stocks Rise Amid Optimism Greece Will Avoid Debt Default - Bloomberg
ShorebreakShorebreak2,600 posts since
Apr 6, 2010
Rep Points: 14,072