US futures rise with Greek deal in the works

Associated Press Published: November 12, 2012
Advertisement
;

NEW YORK (AP) — Stock futures are rising as international lenders clear the path for a new bailout agreement in Greece, which only recently appeared to be on the verge of bolting from the European Union monetary block.

Dow Jones industrial futures are up 36 points to 12,800. The broader S&P futures have added 5.1 points to 1,380.80. Nasdaq futures are up 13.25 points to 2,593.75.

Greek lawmakers approved the country's 2013 austerity budget overnight, and the head of the finance ministers from the 17 euro countries then said that lenders have prepared a "positive" report on the country.

Also on Monday, the Leucadia National said that is it buying the investment banking firm Jefferies Group, and that Jefferies CEO Richard Handler will become CEO of Leucadia when the deal closes.



Trending Now


AROUND THE WEB

  1. 1
    Oklahoma City Thunder: Kevin Durant reportedly trying to get Caron Butler to return
  2. 2
    Isolated Amazon Tribe Makes First Contact
  3. 3
    911 Dispatcher Handles Call About Her Choking Son
  4. 4
    Cops: Woman Faked Drowning to Avoid Court
  5. 5
    Brazilians Listened to the Song ‘Happy’ a Lot More After Their World Cup Disaster Against...
+ show more