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.
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