Renewed hope for a Greek deal boosted the markets to a sharply higher close with the Dow soaring 138 points to 17,757. Nasdaq climbed 26 points to 5,013.
On the upside
Shares of SciClone Pharmaceuticals (Nasdaq: SCLN) extended its gains.
Bank of America Merrill Lynch upgraded Schnitzer Steel Industries (Nasdaq: SCHN) from an Underperform rating to a Buy rating.
Blue Ridge Capital acquired an 8.32% stake in Fitbit (Nasdaq: FIT).
On the downside
Real Goods Solar (Nasdaq: RGSE) completed its $5 million public offering.
Teva Pharmaceuticals (NYSE: TEVA) and Xenon Pharmaceuticals (Nasdaq: XENE) reported disappointing results from a Phase 2b study of their chronic osteoarthritis pain treatment TV-45070.
TriMas (Nasdaq: TRS) closed an amendment to existing credit facilities.
In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 2077. Bitcoin slipped $3 to $259.
Renewed hope for Greek deal lifts markets
July 01, 2015 at 17:59 PM EDT