Stocks open higher as Greece deadline nears - Marketintelligencecenter.com

Stocks open higher as Greece deadline nears


Stocks opened higher Tuesday, but were sliding back toward the break-even mark by mid-morning. The rally seems to be a recognition that Monday’s selling was perhaps a bit overdramatic, and also some home that an eleventh hour deal to delay an impending default on debt payments to the IMF may emerge. In economic news this morning, the Chicago Purchasing Managers’ Index for June came in at 49.4, missing estimates for 50, but topping the prior reading of 46.2. Consumer confidence for June was 101.4, compared to estimates for 97.5 and... Read More



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