Wall Street's Week Ahead: Dow Jones Industrial Average Leaps 100 Points, Nasdaq Composite Hits Record On Greek Bailout Hopes

U.S. stocks traded sharply higher Monday, with the Dow Jones Industrial Average soaring more than 100 points, as investors were cautiously optimistic Greece and its European creditors will reach a bailout deal this week, easing fears Athens will default on its debt and exit the eurozone. The Nasdaq composite hit a new intraday high of 5,162.13, driven by gains in biotechnology.