Stocks opened higher on Wall Street on Thursday as Greece cleared the way for a debt rescue package.Greek lawmakers passed an austerity bill that would allow international lenders to release more emergency loans. Meanwhile, in Germany, banks and insurance companies joined the government in a plan to roll over holdings of Greek debt. The news added to optimism about averting a widespread European debt crisis, which has sent markets higher since Monday.
For more: Optimism on Greece Pushes Stocks Higher - NYTimes.com
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