Wall Street moves higher on new hopes for Greece. Mark Lasseigne has your stock market report on today's Acadiana Business Index.

 

 
 
  • The Greek Parliament passed budget cutting measures required to receive the international bailout funds needed to keep the country afloat.
 
  • Standards and Poor’s rating agency lowered its investment-grade credit ratings on 15 Spain-based banks.  This comes a month after the firm downgraded its ratings on Spain.
 
  • Apple broken and closed above $500. The stock has risen 23% since the start of the year.  Apple closing at $502.60 a share.
 
  • Crude-oil climbed higher to $101 a barrel.

 

  • And gold closed at $1,725 an ounce.