US STOCKS-Wall St advances on Greek debt hopes, Coke earnings

martes 10 de febrero de 2015 10:50 GYT

* Aeropostale boosts outlook, shares jump

* Coca-Cola up after earnings

* Starwood Hotels to spin-off vacation ownership business

* Indexes up: Dow 0.48 pct, S&P 0.48 pct, Nasdaq 0.54 pct (Updates to market open)

By Chuck Mikolajczak

NEW YORK, Feb 10 (Reuters) - U.S. stocks climbed on Tuesday, bouncing from two straight declines, on hopes a deal in Greek debt negotiations was drawing closer along with a lift from Coca-Cola earnings.

Futures had surged to a session high after MNSI reported the EU Commission will propose a 6-month debt extension, citing sources.

The European Commission said there was no formal proposal for resolving Greece's debt problems, although talks were intensive ahead of a series of meetings of euro zone finance ministers and EU leaders in Brussels.

"Markets have been driven by this Greek drama and, as it plays out in real time in front of us, anything that looks like we are getting closer in negotiations and resolution is certainly going to be positive here," said Art Hogan, chief market strategist at Wunderlich Securities in New York.   Continuación...