NEW YORK (AP) — U.S. stocks are opening higher on hopes of a breakthrough in Greece’s bailout discussions with its creditors even as few tangible signs of progress emerged from meetings in Europe.
The Dow Jones industrial average climbed 120 points, or 0.6 percent, to 18,129 as of 9:38 a.m. Eastern on Monday.
The Standard & Poor’s 500 index rose 13 points, or 0.6 percent, to 2,123.
The Nasdaq composite gained 31 points, or 0.6 percent, to 5,146.
Health insurer Cigna jumped after rejecting a $47 billion offer to be acquired by a larger rival Anthem.
Treasury prices fell, pushing the yield on the 10-year note up to 2.32 percent from 2.26 on Friday.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.