Market Watch: Stocks Struggle To Find Direction

U.S. stocks moved slightly higher on Tuesday, as investors continued to wait for confirmation of a deal to keep Greece from going into default.

The Greek government presented new reform proposals Monday in hopes of avoiding—or at least staving off—a disastrous situation that could result from a missed payment to the international Monetary Fund one week from today (June 30).

Back in the United States, data continued to show strong numbers in the housing market, but slow recovery from a first-quarter downturn in other areas. Durable goods data showed a decline of 1.8 percent for May—a larger drop than expected.

Here are the final numbers from Tuesday on Wall Street:

Dow Jones Industrial Average: 18,144.07 (+24.29)

NASDAQ: 5,160.09 (+6.12)

S&P 500: 2,124.20 (+1.35)  

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella


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