US STOCKS-Wall St rises on Greek deal hopes even as energy drops

martes 10 de febrero de 2015 14:08 GYT

* Aeropostale boosts outlook, shares jump

* Coca-Cola up after earnings

* Starwood Hotels to spin-off vacation ownership business

* Indexes up: Dow 0.5 pct, S&P 0.67 pct, Nasdaq 0.92 pct (Adds data, updates to late morning)

By Sinead Carew

NEW YORK, Feb 10 (Reuters) - U.S. stocks rose on Tuesday on hopes a deal in Greek debt negotiations was drawing closer and on Coca-Cola earnings, but a drop in energy shares helped cap the advance.

The European Commission will introduce a compromise proposal in which Greece should ask for a six-month period to discuss with lenders any pending issues and post-bailout plan according to a report by MNSI, citing unnamed sources.

The 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.

"Clearly the market thinks some resolution's going to come out of this that's going to make bond holders not suffer the consequences, and that's why the market is up," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.   Continuación...