U.S. Stocks Open Higher; Nasdaq Sets Record

By Anora MahmudovaMarketWatch Pulse

U.S. stocks opened higher on Monday, sending the Nasdaq Composite to a record. Bullish sentiment appears to be tied to hopes that Greece and its lenders will reach a deal to avert a default. The Nasdaq Composite jumped 34 points, or 0.7% to 5,151, the highest level ever. The S&P 500 opened 12 points, or 0.6%, higher at 2,122. The Dow Jones Industrial Average jumped 113 points, or 0.6%, to 18,129 at the open.

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