U.S. stocks finish with Nasdaq at 11-year high Stories You Might Like Monday’s biggest gaining and declining stocks Techs edge up led by chips as Nasdaq tops 3,000 Sponsored: StreetAuthority 12 Companies that Could Go Bankrupt Very Soon Courtesy of Marketwatch:By Kate Gibson COMPDJIASPX NEW YORK (MarketWatch) -- U.S. stocks blasted higher Tuesday, pushing the Nasdaq Composite COMP +1.88% to close above 3,000 for the first time in 11 years, after J.P. Morgan Chase & Co. hiked its dividend, retail sales climbed and the Federal Reserve held rates at record lows. "This economy is still picking up steam," said Peter Tuz, president of Chase Investment Counsel. The Dow Jones Industrial Average DJIA +1.68% rose 217.97 points, or 1.7%, to 13,177.68. The S&P 500 IndexSPX +1.81% climbed 24.87 points, or 1.8%, to 1,395.96. The Nasdaq Composite rose 56.22 points to 3,039.88, its highest level since Nov. 15, 2000. … [Read more...]

The following is the press release from Fitch....************************************************************************************************************************     Fitch Upgrades Greece to 'B-'/Stable from 'Restricted Default'   Ratings   Endorsement Policy 13 Mar 2012 12:49 PM (EDT)Fitch Ratings-London-13 March 2012: Fitch Ratings has upgraded Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'B-' with Stable Outlooks from 'Restricted Default' (RD). The Short-term foreign currency IDR has been upgraded to 'B' from 'C' and the Country Ceiling affirmed at 'AAA'.Fitch has withdrawn the ratings on the bonds issued by the Republic and governed by Greek law and assigned 'B-' ratings to Greece's new government bonds created as a result of the private sector involvement (PSI) debt exchange, The issue ratings on foreign-law bonds will remain 'C' pending settlement on 11 April, while the issue ratings of securities not eligible for the bond … [Read more...]