A report that Germany may agree to the latest Greek proposal sent the market soaring with the Dow rocketing 263 points to 18,027. Nasdaq surged 72 points to 5,085.
On the upside
Bargain hunters snapped up shares of E-Commerce China Dangdang (NYSE: DANG).
Heron Therapeutics (Nasdaq: HRTX) priced its offering of 4.8 million common shares at $24.75 per share.
Shares of ChinaCache International Holdings (Nasdaq: CCIH) climbed again.
On the downside
Scorpio Bulkers (NYSE: SALT) extended its losses.
Profit taking weighed down shares of Sears Holdings (Nasdaq: SHLD).
Rock Creek Pharmaceuticals (Nasdaq: RCPI) president and director Christopher C. Chapman, M.D. resigned.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 soared 27 to 2107. Bitcoin eased a fraction to $229.
Markets surge on possible Greek deal
June 10, 2015 at 15:25 PM EDT