Stocks Shrug Off Greece, Deficit Uncertainty

(TheStreet) -- Technology, financials and conglomerates were leading stocks higher as austerity plan negotiations in Greece and deficit reduction talks in Washington heat up. The Dow Jones Industrial Average was up by 105 points, or 0.9%, at 12,040. The S&P 500 was higher by 10 points, or 0.8%, at 1278, and the Nasdaq was ahead by 31 points, or 1.2%, at 2684. Microsoft MSFT, Bank of America BAC and 3M MMM were topping the Dow while DuPont DD, Merck MRK and Kraft Foods KFT were the biggest laggards. Continue reading the article.