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

, Bank of America

and 3M

were topping the Dow while DuPont

, Merck

and Kraft Foods

were the biggest laggards.

.