Sentiment Lifted as Passage of Greek Plan Upstaged Moody's Downgrades

Financial markets firmed a tad as the Greek Parliament approved an austerity plan which involves reduction of 325M euro. Wall Street climbed with DJIA and S&P 500 rising +0.57% and +0.95% respectively. In the commodity sector, oil prices soared with the front-month contract for WTI crude oil rising to a 2-week high of 100.91 and the equivalent Brent crude contract gaining +0.53% during the day.

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Sentiment Lifted as Passage of Greek Plan Upstaged Moody's Downgrades