After falling as much as 60 points earlier in the day, the Dow closed up 5 points, at 12883 Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
A drop in the unemployment rate to its lowest in three years propelled the Dow Jones industrial average Friday to its highest close since before the 2008 financial crisis. The Dow jumped 156 points to close at 12862.
The wait for an expected deal between Greece and its creditors hurt financial markets around the world, but US stocks only dropped slightly. The Dow lost 6 points to close at 12653 after being down as much as 131 points earlier Monday.