U.S. Stocks End With Solid Gains On Greek Debt Agreement

U.S. stocks closed sharply higher as investors were relieved that Greece and its creditors reached an agreement for a third bailout program, averting a potential 'Grexit'. The main indexes recorded their third consecutive session of gains, while Dow industrials advanced more than 200 points for the second session in a row. The S&P 500 closed 22.98 points, or 1.1%, higher at 2,099.60. The Dow Jones Industrial Average jumped 217.27 points, or 1.2%, to 17,977.68. The Nasdaq Composite ended the day up 73.82 points, or 1.5% to 5,071.51.