Investors welcomed news of a Greek debt deal by sending the markets soaring with the Dow leaping 181 points to 17,941. Nasdaq jumped 65 points to 5,063.
On the upside
Anacor Pharmaceuticals (Nasdaq: ANAC) reported positive results from two Phase 3 studies of its atopic dermatitis treatment crisaborole.
GOL Linhas Aereas Inteligentes (NYSE: GOL) entered a strategic alliance with the company’s controlling shareholder, the Constantino Family, and Delta Air Lines (NYSE: DAL).
Deutsche Bank and SunTrust Robinson Humphrey both initiated coverage of Fitbit (NYSE: FIT) with Buy ratings and $50 price target.
On the downside
Shares of Swift Energy (NYSE: SFY) extended its losses.
Shares of Linn Co (Nasdaq: LNCO) continued falling.
Chesapeake Energy (NYSE: CHK) stock dropped again.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 18 points to 2095. Bitcoin dropped $17 to $288.
