* Investors see resolution in Greek vote, financials gain
* S&P's 200-day moving average seen as support level
* Crude oil falls ahead of Greek vote
* Indexes up: Dow 0.8 pct, S&P 0.7 pct, Nasdaq 0.9 pct
* For up-to-the-minute market news see [STXNEWS/US] (Updates to midmorning)
By Ryan Vlastelica
NEW YORK, June 27 (Reuters) - U.S. stocks rebounded from three days of losses on Monday as investors bet there would be a near-term resolution to some of the uncertainty over Greece's fiscal crisis, but the absence of a firm plan could limit the market's upside.
The Greek parliament will begin to debate a deeply unpopular austerity program that must be approved in order to get the next bailout payment. A Greek minister warned of "catastrophe" if the measure is not passed in a vote later this week.
French President Nicolas Sarkozy said his government had an agreement with French banks on rolling over Greek debt into new 30-year bonds, which helped ease tensions around the region. For details, see [ID:nL6E7HR0GU] and [ID:nTOPEURO]
Traders see a Greek sovereign default as unlikely, and the S&P 500 holding its 200-day moving average was viewed as a sign of technical support following two months of heavy selling that brought the index down about 7 percent.
"There's still a lot of fear out there, but the absence of bad news over the past few days, coupled with the selloff late Friday, is creating a bounce now," said Mitch Rubin, chief investment officer at RiverPark Advisors in New York.
The Dow Jones industrial average <.DJI> was up 89.80 points, or 0.75 percent, at 12,024.38. The Standard & Poor's 500 Index <.SPX> was up 8.33 points, or 0.66 percent, at 1,276.78. The Nasdaq Composite Index <.IXIC> was up 24.56 points, or 0.93 percent, at 2,677.45.
Financials, which have been pressured by the ongoing
euro-zone sovereign debt crisis, were among the day's biggest
gainers, with the S&P financial index <.GSPF> up 1.1 percent.
Bank of America Corp
In the latest economic data, U.S. consumer spending was unchanged in May, according to a government report, while a reading on Midwest manufacturing rose slightly in May from the prior month. Futures barely moved after the data. [ID:nCAT005468] and [ID:nN9E7GP01X]
August crude futures fell 0.5 percent, continuing a drop of more than 5 percent in less than a week. [ID:nL6E7HR0F] and [O/R]
"The speculative money is coming out of oil, and that could wind up being another catalyst to getting the markets moving," Rubin said. "It should make gas prices a little more temperate, which will help the consumer."
Bristol-Myers Squibb Co
Continucare Corp