Hope for a Greek deal to be finalized this weekend sent the markets soaring to a sharply higher close with the Dow rocketing 211 points to 17,760. Nasdaq leaped 75 points to 4,997.
On the upside
SolarEdge Technologies (Nasdaq: SEDG) announced yesterday that it formed a strategic supply relationship with Sunrun.
Micron Technology (Nasdaq: MU) hired Trevor Schulze to be the company's first chief information officer.
Bloomberg reported that a numerous companies have offered to buy Nokia's (NYSE: NOK) HERE digital mapping business.
On the downside
A judge ruled that Chesapeake Energy (NYSE: CHK) must pay bond holders $379.7 million.
Investors locked in profits on Seventy Seven Energy (NYSE: SSE).
Profit taking continued to weigh down shares of InVivo Therapeutics (Nasdaq: NVIV).
In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by 7 to 2 on Nasdaq. The broader S&P 500 soared 25 points to 2076. Bitcoin gained $11 to $281.
Greek deal within reach, markets soar
July 10, 2015 at 18:47 PM EDT
