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As Intermarket SpreadTitle:
Euro, stocks gain on Greece bailout hopes
(Reuters) - The euro hit an eight-week high against the dollar on Tuesday, helping lift stocks and commodities on signs a Greek bailout agreement was near, but the rally paused after a key meeting on Greece was postponed by a day.
The euro rallied after Greece appeared to be close to terms on a 130-billion-euro bailout. A government official said Athens was drafting a list of painful reforms to clinch a new financial package, moving it a step closer to a deal that is needed to avoid a chaotic debt default.
But a meeting of Greek political leaders was postponed until Wednesday because a draft of the bailout's terms was still not available, a party official said.
The euro at one point jumped more than 1 percent to a session high of $1.3270, hitting its highest level since December 12. ...
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