U.S. Stocks Open Higher As Greece Agrees To Bailout Deal

U.S. stocks began the week on an upbeat note, with the main indexes gaining on Monday, after eurozone leaders over the weekend reached an agreement for a third bailout program for Greece. The deal will now have to be approved by national parliaments, including in Greece, before the formal negotiations can begin. The formal decision is expected by the end of the week. The S&P 500 opened 15 points, or 0.7%, higher at 2,090. The Dow Jones Industrial Average jumped 136 points, or 0.7%, to 17,898. The Nasdaq Composite began the day up 42 points, or 0.8% to 5,039.