The Wall Street closed narrowly mixed on Tuesday, with blue-chip Dow Jones industrial average briefly breaking through 13,000, the first time since May 2008.

Eurozone finance ministers agreed early Tuesday to provide a 130-billion-euro bailout to Greece. Also, a private sector bond swap plan is set to be launched this week. Private bondholders will take 53 percent write-down of their bond holdings.

The news helped eliminate market's concerns about the Greek debt default.

Investors, however, began to realize later in the trading day that this round of bailout will not help deal with Greece's core problem and the debt-burden country will finally default anyway.

The Dow then failed to close above the 13,000 milestone due to these concerns.

Meanwhile, China's central bank reduced banks' reserve requirement ratio, sending out signs for monetary easing.

On the earnings front, Macy's Inc., a U.S. chain of mid- to high-range department stores, posted its fiscal fourth-quarter net income up 12 percent thanks to strong holiday and online sales.

Wal-Mart Stores' posted its quarterly profits and sales on Tuesday, falling short of Wall Street expectations.

Meanwhile Walmart U.S., the company's biggest division, posted a 1.5 percent increase in sales at stores open at least a year.

Kraft Foods reported Tuesday a higher quarterly profit. Excluding items, its earnings were 0.57 dollar per share, in line with analysts' average estimate. Its revenue was 14.7 billion dollars, increasing 6.6 percent.

The Dow Jones industrial average gained 15.82 points, or 0.12 percent, at 12,965.69. The Standard & Poor's 500 was up 0.98 points, or 0.07 percent, to 1,362.21. The Nasdaq Composite Index lost 3.21 points, or 0.11 percent, to 2,948.57.

In other markets, the U.S. dollar traded mixed against major currencies in late New York trading on Tuesday as eurozone leaders agreed to release second bailout funds to Greece. The dollar index lost 0.3 percent to 79.10.

Crude prices surged on Tuesday as international lenders reached the much-awaited Greek bailout deal, with New York benchmark hitting the highest level since May.

Light, sweet crude for March delivery soared 2.60 dollars, or 2. 52 percent to settle at 105.84 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude rose 1.61 dollars, or 1.34 percent, to close at 121.66 dollars a barrel, the highest settlement since June.

VietNamNet/Xinhuanet