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NEW YORK (February 13, 2012)—Stocks finished the day higher Monday after investors shook off worries about Greece.
It was the first day of trading after the Greek parliament agreed to cuts in spending required for another bailout.
They made the cuts despite rioting and fires in Athens.
The Dow Jones industrial average climbed 73 points to close at 12,874.
The broader Standard & Poor's 500 index rose nine points to 1,352.
The Nasdaq composite rose almost 28 points to close at 2,931.
The gains erased most of what stocks lost Friday.
Apple crossed $500 per share for the first time, with a 1.5 percent rise to $501.
Advancing stocks outnumbered decliners 3-to-1.
Nine out of 10 stock categories in the S&P rose.
Only utilities fell, and they fell very slightly.
Volume was lighter than average at 3.4 billion shares.
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