Stock Market

The euro rose on Wednesday after Greece announced plans for a further $6.5 billion in pay cuts and tax hikes to reduce its deficit, easing worries about the country's debt crisis. The euro climbed as high as $1.3736, its strongest since February 17, before easing to $1.3703, up 0.7 percent on the day. It hit a 9-1/2-month low of $1.3432 on Tuesday.