Stocks Higher as Greece Talks Continue
NEW YORK (AP) --- U.S. stocks are moving higher as investors wait to see what happens at a summit meeting of European leaders to discuss Greece's strained finances.
The gains Tuesday were led by utilities stocks and makers of consumer staples, safe-play sectors investors tend to favor when they're fearful of market swings.
Materials stocks fell as prices for metals and other commodities dropped. Newmont Mining lost 3 percent.
The market recovered from an early loss and ended the day higher.
The Dow Jones industrial average climbed 93 points, or 0.5 percent, to 17,776.
The Standard & Poor's 500 index rose 12 points, or 0.6 percent, to 2,081. The Nasdaq composite inched up five points, or 0.1 percent, to 4,997.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.26 percent.
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