Investors held their own today despite the political brinksmanship over a debt deal for Greece.
The WWD Global Stock Tracker slipped 0.1 percent to 111.95 as most equity markets around the world posted modest gains. The Dow Jones Industrial Average picked up 0.2 percent to 18,047.58. London was the strongest market in Europe and the FTSE 100 gained 0.6 percent to 6,898.13.
All eyes are on Greece, where there have been questions as to whether lawmakers would seek to extend the terms of its bailout from its Euro zone neighbors. The outlook, at least in the markets estimation, was positive.
The strongest stock in WWD’s 100-issue tracker was Pandora, which shot up 16.9 percent to 533 kroner, or $81.29. The company turned in a strong fourth quarter and said it inked a deal with Oracle Investment Ltd. to build up its business in China.
Also gaining ground were Sears Holdings Corp., up 4.9 percent to $37.45, and Revlon Inc., ahead 3.3 percent to $34.14.
On the losing end were Puma, down 3.7 percent to 172.30 euros, or $195.60; Global Brands Group, off 2.8 percent to 1.40 Hong Kong dollars, or 18 cents, and Ascena Retail Group Inc., down 2.4 percent to $12.80.
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