US stock futures higher after Greek bailout deal
Monday, February 20, 2012
NEW YORK (AP) -- U.S. stock futures are higher after Europe finally put together a bailout for Greece.
Dow Jones industrial average futures are up 36 points at 12,965. The Dow is within sight of 13,000, a level it hasn't crossed since May 2008, before the worst of the financial crisis.
Standard & Poor's 500 futures are up two points at 1,362. Nasdaq composite index futures are up three points at 2,585.
The countries that use the euro stitched together a $170 billion bailout for Greece, which is struggling with crushing debt. The deal is designed to prevent a catastrophic Greek default, but Europe's long-term debt problems are far from over.
European markets are modestly lower.
A strong earnings report from Home Depot could also help U.S. stocks Tuesday.
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