US STOCKS-Wall St opens higher on Greek debt deal

lunes 13 de julio de 2015 09:55 GYT

* Greece wins conditional agreement to receive $95 bln

* Greece deal boosts U.S. bank stocks

* Oil price drops, helping airline stocks rise

* Apple rises after Socgen upgrades to "buy"

* Indexes up: Dow 0.94 pct, S&P 0.79 pct, Nasdaq 0.88 pct (Updates to open)

By Tanya Agrawal

July 13 (Reuters) - Wall Street opened sharply higher on Monday after euro zone leaders reached an agreement with Greece to move forward with a third bailout loan for the country to avert bankruptcy.

Greece won conditional agreement to receive a possible $95 billion over three years, along with an assurance that euro zone finance ministers would start discussing ways to bridge a funding gap until a bailout - subject to parliamentary approvals - is finally ready.

That will only happen if Greek Prime Minister Alexis Tsipras can meet a tight timetable for enacting unpopular reforms of value added tax, pensions and quasi-automatic budget cuts.   Continuación...