Two major Wall Street indexes were higher
Monday, buoyed in part by momentum from a breakthrough in the euro
debt crisis at last week's E.U. summit.
Investors gained confidence as European leaders agreed to speed up
efforts to create a single body to oversee all eurozone banks.
The blue-chip Dow Jones Industrial Average shed 8.7 points, or
0.07 percent, to 12,871,39. The broader Standard & Poor's 500 Index
gained 3.35 points, or 0.25 percent, to 1,365.51. The
technology-heavy Nasdaq Composite Index rose 16.18 points, or 0.55
percent, to 2,951.23.
The U.S. currency rose against the euro to to 79.47 euro cents from
79.09 euro cents on Friday. The dollar dipped against the Japanese
currency to 79.5 yen from 79.87 yen.
