Stocks Finished Narrowly Mixed on Greece Deal

U.S. stocks finished narrowly mixed on Tuesday after European officials sealed another round of aid for Greece. The Dow industrials gained 15.82 points, or 0.12%, to end at 12,965.69. The S&P 500 Index  added 0.98 point to 1,362.21. The Nasdaq Composite fell 3.21 points, or 0.11%, to 2,948.57.

The government regulator for Fannie Mae and Freddie Mac has submitted a plan to Congress that would shrink the mortgage giants’ role in the housing market. The Federal Housing Finance Agency’s proposal for a leaner Fannie and Freddie was released Tuesday and would mean fewer mortgages are backed by the government. That could make buying a home more expensive because it would lead to higher interest rates.

Dell Inc reported revenue that was slightly higher than Wall Street expectations, partly due to strength in its enterprise business. Its revenue in its fiscal fourth quarter was up 2 percent at $16 billion.

Brocade (NASDAQ:BRCD) said Tuesday afternoon that first fiscal quarter earnings more than doubled thanks to strong growth in its data storage business. For the quarter ended Jan. 28, Brocade  reported net income of $59 million, or 12 cents a share, compared to net income of $27 million, or 5 cents a share, for the same period the previous year.

Netflix has locked up the right to show “The Artist” and other movies from The Weinstein Co. on its Internet video service before the films are released to the leading pay-TV channels.

Oil prices have climbed to the highest level since May on concerns that Iran will cut off more oil to Europe. Benchmark crude rose by $2.65, or 2.6 percent, to end the day at $106.25 per barrel on the New York Mercantile Exchange.

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