Saudi official says Israeli government needs reform, warns against 'spoilers' of the 20-point peace plan    Move to slap SR500 fine on companies if failed to disclose beneficial owner data    NCM issues detailed map of six-day heavy rainfall across Saudi Arabia    Indonesian president highlights MWL's role in confronting Islamophobia during meeting with Sheik Al-Issa    Russia launches massive drone and missile barrage as US–Ukraine peace talks enter third day    South Africa: Pretoria hostel shooting leaves 11 dead, 14 wounded    US Supreme Court to hear challenge to birthright citizenship policy    Who are the early favourites for the 2026 World Cup? Form, data and draw analysis    When the citizen is placed at the forefront...the budget speaks a different language    Saudi Arabia drawn with Spain, Uruguay and Cape Verde in 2026 World Cup Group H    Saudi Arabia advance to Arab Cup quarterfinals with 3-1 win over Comoros    Saudi–Ukrainian business talks enter new phase Riyadh visit marks end of a 10-year pause in the Business Council: Melnyk    Saudi domestic tourism spending rises 18% to SR105 billion in Q3 International arrivals also climbed, with European visitors up 14% and travelers from East Asia and the Pacific rising 15%    Netflix to buy Warner Bros film and streaming businesses    World's top 100 cities revealed — Los Angeles and Orlando climb the rankings    Saudi Arabia's global trade up 8.6% annually reaching SR540 billion in 3Q 2025    Saudi Arabia to open Red Sea Museum in Historic Jeddah on December 6    Mexico's Fatima Bosch, who walked out on organisers, crowned Miss Universe    Philippines rallies behind Ahtisa Manalo ahead of Miss Universe finale    UK to ban reselling event tickets for profit    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Stocks make slight gains amid optimism on Greek debt deal
Published in Saudi Press Agency on 23 - 06 - 2015

U.S. stocks are closing with a small gain as investors wait for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans, according to AP.
The Dow Jones industrial average climbed 24 points, or 0.1 percent, to 18,144 on Tuesday. The Standard & Poor's 500 index rose one point, or 0.1 percent, to 2,124.
The Nasdaq composite rose six points, or 0.1 percent, to 5,160.
In bond prices fell, pushing the yield on the 10-year Treasury note up to 2.41 percent from 2.37 on Monday.
Prepaid debit card company Green Dot was among the biggest gainers. Its stock soared 40 percent after the company announced it had renewed its partnership with Wal-Mart for another five years.
U.S. stocks are little changed in early afternoon trading Wednesday as investors wait for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans.
KEEPING SCORE: The Dow Jones industrial average gained 28 points, or 0.2 percent, to 18,148 as of 2:48 p.m. Eastern. The Standard & Poor's 500 index rose two points to 2,124 and the Nasdaq composite rose three point to 5,154.
GREEK TALKS: Greece's proposals for budget savings appear to have won initial backing from its creditors.
At a meeting Monday, leaders of the 19 nations that use the euro currency said the offer by the government of Prime Minister Alexis Tsipras might form a basis of a deal to break a four-month deadlock. European finance ministers are scheduled to meet on Wednesday, followed by a summit of the region's political leaders.
Tsipras still has to sell the proposal to his own political party back in Greece. His Syriza party was voted into office on a pledge to repeal the harsh budget cuts and tax increases that previous governments had imposed since 2010.
Investors think a deal will be signed by the end of the week, in time for Greece to get the money it needs to make an upcoming payment to the International Monetary Fund.


Clic here to read the story from its source.