Stocks End Higher, Nasdaq Hits 11-Year High

Stocks End Higher, Nasdaq Hits 11-Year High

Stocks closed higher Tuesday, reversing their earlier losses, amid optimism that Greece may be nearing a rescue deal.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, finished below 18.

Among the 10 S&P sectors, utilities posted the biggest gain, while materials lagged.

Stocks reversed their losses following reports Greek Prime Minister Lucas Papademos was going to meet with party leaders to discuss a draft bailout agreement. However, a subsequent report said the meeting had been postponed to Wednesday.

Dow. 12878.20.+33.07. +0.26%
Nasdaq. 2904.08.+2.09. +0.07%
S&P 500. 1347.05.+2.72. +0.20%
FTSE. 5890.26. -1.94. -0.03%
Dax. 6754.20. -10.63. -0.16%
CAC40. 3411.54.+6.27. +0.18%

Oil. 98.81. +1.90. +1.96%
Gold. 1747.90.+23.00. +1.33%

IDR. 8958 (source: yahoo finance)
Euro. 1.3261

TLKM.30.61.+0.17 +0.56%.Rp6855
ISAT. 30.40. -0.31. -1.00%. Rp5446
BumiPLC. 768.50. -26.50. -3.33%

EIDO. 30.57. -0.31. -1.00%

Timah. 25135. +710. +2.91%
Nickel. 21615. +115. +0.53%

CPOApr3085RM+0+0.00%$1025
Corn. 642.25. -2.00. -0.31%
Soybean. 52.17. +0.01. +0.02%
Wheat. 662.25. -6.25. -0.93%

DOC. IDR 4750. +0. +0.00%

(DE/ls)

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