US STOCKS-Dow, S&P 500 close at record highs on Greece debt deal

viernes 20 de febrero de 2015 19:00 GYT
 

* Nasdaq matches 8-day winning streak from year ago

* Three major indexes post gains for week

* Intuit rises after results

* Indexes up: Dow 0.9 pct, S&P 0.6 pct, Nasdaq 0.6 pct (Adds latest volume, Nordstrom shares up)

By Caroline Valetkevitch

NEW YORK, Feb 20 (Reuters) - The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains after Greek and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months.

The agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area.

The Nasdaq matched an eight-session winning streak from a year ago and inched closer to its 5,132.52 all-time intraday high, reached in March 2000 just before the dot-com bubble burst. The S&P 500 ended slightly higher for the week as well, its third straight week of gains.

The Greek accord will allow investors to concentrate on the fundamentals that should be driving the market, said Ben Pace, chief investment officer at HPM Partners in New York.   Continuación...