After The Bell: Stocks Slightly Higher Amid Optimism On Potential Greek Deal
(CBS) -- Stocks bounced around the flat line Tuesday amid mixed economic data, stronger crude oil prices and continued optimism surrounding the Greek debt crisis. The NASDAQ touched fresh intraday all-time highs, but then moved lower, finishing the session up 6 points. The Dow Jones industrial average added 24 and the S&P 500 closed up just one point higher, settling to 2,124.
"I think there is an expectation that something positive will happen with the outcome of the Greek negotiations, everyone seems to be tentatively holding on and waiting to see, does it get settled or will there be a Greek exit." said Chris Lissner, president of Acropolis Investment Management.
He also noted a temporary liquidity led depreciation of bonds could cause short term problems for stocks.
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