Us Stocks Open Higher On Speculation Of A Late Greek Deal

NEW YORK (AP) — U.S. stocks moved higher in early trading on speculation that the Greek government is considering a last-minute attempt to break the deadlock between the country and its creditors. Stocks were trimming their losses from Monday, when the market had its worst day of the year after talks between Greece and its creditors broke down, pushing the Mediterranean nation closer to defaulting on its debt. Greece government says the country will not make its payment due Tuesday to the International Monetary Fund and European Union officials say Greece would lose access to more than 16 billion euros ($18 billion) in financial support once its bailout program expires at midnight.

 

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