Comment on US stocks open higher Greek optimism, deal news

US stocks open higher Greek optimism, deal news

NEW YORK (AP) — U.S. stocks moved higher in early trading Monday on hopes of a breakthrough in Greece's bailout discussions with its creditors. The eurozone's top official says creditors aim to get a deal on Greece's bailout later in the week. The Mediterranean nation needs more loans from its fellow eurozone states and the International Monetary Fund to enable it to make a June 30 debt payment. ANALYST'S TAKE: "Financial markets are starting the week in the hopeful belief that a 'last minute' deal between the Greek government and its official creditors can be achieved," said Neil MacKinnon, global macro strategist at VTB Capital. Brent crude, a benchmark for international oil used by many U.S.

 

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