Stocks close higher after debt deal in Greece

About $39 million given to major funds for Joplin’s storm recovery

A 4-year-old Ohio boy sent $200 he raised from selling cups of lemonade for a quarter.
A Missouri-born singer donated $130,000 from the auction of her 1959 Mercedes convertible.

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February 9, 2012

Anonymous From The Associated Press The Joplin Globe Thu Feb 09, 2012, 03:22 PM CST

NEW YORK — The stock market finally got a deal from Greece, but it didn’t produce much of a rally.

The Dow Jones industrial average is finishing six points higher at 12,890. The Standard & Poor’s 500 is closing up two at 1,352. The Nasdaq composite ends the day up 11 at 2,927.

Greece says it has agreed to cut spending to satisfy some of its lenders. That’s a key condition for Greece to avoid a default next month that could spook world financial markets.

Earlier Thursday, the Dow rose to within 75 points of 13,000, a milestone it hasn’t reached since 2008. The S&P’s gain took it within about a point of doubling its level on March 9, 2009, the low for stocks during the Great Recession.

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