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U.S. markets post small gains

Employees of Saratoga Resources ring the opening bell at the New York Stock Exchange on Wall Street In New York City on January 11, 2012. UPI/John Angelillo
Employees of Saratoga Resources ring the opening bell at the New York Stock Exchange on Wall Street In New York City on January 11, 2012. UPI/John Angelillo | License Photo

NEW YORK, Feb. 8 (UPI) -- U.S. stock gains were muted Wednesday as investors focused on negotiations in Greece.

Greece kept up negotiations on several fronts in an attempt to piece together financial reform measures to qualify for a new round of international aid.

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Some analysts say the deadline for full compliance with international mandates is soon, given a bailout needs to be in Greece's procession by March 20 or the country could go into default.

By close of trading Wednesday, the Dow Jones industrial average added 5.75 points -- 0.04 percent -- to 12,833.95. The Standard and Poor's 500 index gained 2.91 points, 0.22 percent, to 1,349.96. The tech-heavy Nasdaq composite index tacked on 11.78 points, 0.41 percent, to 2,915.86.

On the New York Stock Exchange, 1,763 stocks advanced and 1,284 declined on a volume of 3.9 billion shares traded.

The 10-year treasury note rose 1/32 to yield 1.984 percent.

The euro fell to $1.3258 from Tuesday's $1.3261. Against the yen, the dollar rose to 77.04 from Tuesday's 76.77 yen.

In Tokyo, the Nikkei 225 index gained 1.1 percent, 98.07 points, and reached 9,015.59.

In London, the FTSE 100 index shed 0.24 percent, 14.33, to 5,875.93.

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