Late rally lifts stocks. Greece worry shadows markets
A late session rally pushed the Dow up 68.99 points to 11,061.12 and the S&P 500 to 1,162.27 as investors bet on China buying Italian bonds. The Nasdaq rose 27.10 to 2,495.09, while Treasuries rallied to a 1.87 percent 10 year yield amid fears of a Greek default and Europe’s debt crisis spreading. Tenet, McGraw-Hill, NetLogic, Bank of America and Wynn Resorts moved on guidance, split plans, acquisitions, job cuts, and Macau investment amid a volatile market.
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Standard & Poor
Tenet Healthcare Corp
McGraw-Hill Cos
Standard & Poor’s
J.D. Power and Associates
NetLogic Microsystems Inc
Broadcom Corp
Bank of America Corp
Wynn Resorts
Macau
Obama jobs plan splits leaders of strapped states
President Obama proposes up to 130 billion dollars for state and local governments to repair roads schools and public safety layoffs. Democrats largely back the plan but Republicans warn it is only a temporary fix and seek longer term funding certainty from Congress.
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