A roundup of trading on major world markets:

NEW YORK – The Dow and S&P 500 has bolted to fresh records after eurozone ministers agreed to extend Greece’s bailout by four months.

The Dow Jones Industrial Average gained 154.67 points (0.86 per cent) to 18,140.44 on Friday, notching its first record of 2015.

The broad-based S&P 500 rose 12.85 (0.61 per cent) to 2,110.30, while the tech-rich Nasdaq Composite Index jumped 31.27 (0.63 per cent) to 4,955.97.

The bailout will be extended as long as Greece sets out key reform commitments by Monday, Eurogroup chief Jeroen Dijsselbloem said following a meeting with finance ministers in Brussels.

Markets greeted the news, which removes the immediate threat of a Greek default, though analysts also expressed caution.

LONDON – Europe’s main stock markets finished mostly higher as eurozone ministers pressed on with “very difficult” talks to reach agreement on renegotiating Greece’s bailout terms.

Frankfurt’s DAX 30 index closed up 0.38 per cent to 11,050.64 points, and the CAC 40 in Paris remained stable down just 0.05 per cent to 4,830.90.

In London, the benchmark FTSE 100 rose 0.38 per cent to 6,915.20 points as investors reacted to mixed economic data in non-eurozone member Britain.

The euro stabilised at $US1.1366 from $US1.1365 late in New York late Thursday.

HONG KONG – A weaker yen helped Japan’s Nikkei extend a recent rally a day after closing at a 15-year high in the previous session, but the euro sank against other currencies ahead of crunch Greek debt talks.

With most of Asia’s equities markets closed for the Lunar New Year holiday trade was thin, while the lead from Wall Street was also tepid.

Tokyo rose 0.37 per cent, or 67.51 points, to 18,332.30 and Wellington added 0.40 per cent, or 22.72 points, to 5,748.95 but Sydney fell 0.38 per cent, or 22.73 points, to close at 5,881.5.

Most other regional markets were closed for public holidays.

WELLINGTON – The NZX 50 Index rose 22.723 points, or 0.4 per cent, to 5748.948.