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July 2, 2015

Stocks post solid gains

By STEVE ROTHWELL
AP Markets Writer

NEW YORK — Hopes that a deal could be reached between Greece and its creditors pushed stocks higher on Wednesday.

The U.S. market opened higher, following strong gains for European stocks, after Greek Prime Minister Alexis Tsipras wrote a letter to the nation's creditors and appeared to make concessions. Greece failed to repay a loan to the International Monetary Fund that was due on Tuesday after talks between the nations and its creditors broke down late last week.


 
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