Nasdaq Composite and U.S. Bank Private Client Reserve

Tim Dreiling: The S&P/TSX Composite Index closed the day up 122.15 points at 14,533.22, a gain of 0.85 per cent from Friday close, according to CBC. In the U.S., the Dow Jones Industrial Average closed up 217.27 points at 17,977.68, the Nasdaq Composite gained 73.82 points to close at 5,071.51, and the S&P 500 index gained 22.98 to close at 2,099.60. "Our markets have reason to cheer," said Tim Dreiling, senior portfolio manager at the U.S. Bank Private Client Reserve. "It a reprieve from worry for a few days at least." U.S. dollar rises, oil prices fluctuate The U.S. dollar continued its recent run, rising against most world currencies including the Canadian dollar, which fell 0.38 cents against the greenback to 78.49 cents US. European markets rallied strongly on news of the Greek deal. That deal will keep the eurozone intact for now, giving some relief to investors concerned about the future of the monetary union. The German DAX index gained 168.75 points for the day, or 1.5 per cent. Asian financial markets made major gains, following a volatile month in which Chinese investors sold off large numbers of shares, sending stock prices diving. In London, the FTSE 100 index was up almost one per cent. (news.financializer.com). As reported in the news.