Wall Street higher on Greece hopes, strong U.S. data
U.S. stocks rose on Wednesday after Greece's prime minister signaled he was prepared to accept most of creditors' bailout terms and a raft of U.S. data pointed to a stronger economy. Adding to the positive tone, financial stocks rallied after Swiss insurance giant ACE snagged a deal to buy upmarket property insurer Chubb for $28.3 billion. Greek Prime Minister Alexis Tsipras made his new offer a day after the country became the first advanced nation to default on an IMF loan.
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