Stocks Rise on Greek Deal, Bonds Show Tepid Welcome; Euro Drops

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(Bloomberg) -- Greece reached an agreement with its creditors over the reforms needed to start formal negotiations over a third bailout program. Nejra Cehic and Ryan Chilcote report on Bloomberg's "On the Move," hosted by Jonathan Ferro. (Source: Bloomberg)

U.S. stocks climbed and European equities capped the biggest rally since 2011 on Greece’s bailout agreement, while currency traders took the deal as a green light to sell the euro.

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