The early morning markets are showing quiet confidence with Greece's private creditors having until today to accept the terms of the Mediterranean country's bailout, or set in motion a $1.3 trillion disorderly default. Hopefully that confidence is not misplaced amid reports that the various parties are close, because things will turn ugly, Lehman-ugly, if the deal gets derailed at the last minute.
With that in mind, let's take a closer look at how the three major indexes are faring this morning.
Index |
Gain/Loss |
Gain/Loss % |
Ending Value |
---|---|---|---|
Dow Jones Industrial Average |
49.45 | 0.46% | 12,896.78 |
Nasdaq | 27.07 | 0.92% | 2,962.76 |
S&P 500 | 10.60 | 0.78% | 1,363.23 |
Source: Yahoo! Finance.
All three indexes are up with the Nasdaq currently topping the S&P 500 with its near-1% gain so far in the trading session. The Dow is lagging, and one of its components, McDonald's
McDonald's isn't the only notable decliner today. On the Nasdaq, the worst performance is being turned in by biotech Dendreon
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