(CNBC) — U.S. stocks closed up about 1 percent on Tuesday as investors shook off early negative news out of Greece on hopes of a resolution.
Art Hogan, chief market strategist at Wunderlich Securities, said markets were breathing a "sigh of relief over Greek drama."
The major indices closed in the black for the year, with the Nasdaq leading gains with a 1.09 percent year-to-date gain.