Investors welcome Greek deal

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Investors welcomed news of a Greek debt deal by sending the markets soaring with the Dow leaping 181 points to 17,941. Nasdaq jumped 65 points to 5,063.

On the upside

Anacor Pharmaceuticals (Nasdaq: ANAC) reported positive results from two Phase 3 studies of its atopic dermatitis treatment crisaborole.

GOL Linhas Aereas Inteligentes (NYSE: GOL) entered a strategic alliance with the company's controlling shareholder, the Constantino Family, and Delta Air Lines (NYSE: DAL).
 
Deutsche Bank and SunTrust Robinson Humphrey both initiated coverage of Fitbit (NYSE: FIT) with Buy ratings and $50 price target.
 
On the downside

Shares of Swift Energy (NYSE: SFY) extended its losses.

Shares of Linn Co (Nasdaq: LNCO) continued falling.

Chesapeake Energy (NYSE: CHK) stock dropped again.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 18 points to 2095. Bitcoin dropped $17 to $288.

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This page contains a single entry by published on July 13, 2015 9:31 AM.

Greek debt deal sealed, markets soar was the previous entry in this blog.

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