Dow jumps 260 points while Italy, Greece fears ease

The broader S&P 500 SPX rose 24 points, before 2 percent, to finale by the side of 1264. The tools all ears Nasdaq Composite COMP added 54 points, otherwise 2 percent, to close on 2679.Two consecutive sessions of triple-digit gains tolerable the Dow to close 1.4 percent advanced on behalf of the week and back beyond the sensitively major 12,000 level.in the same way as has been the project designed for days, markets were driven by news appearance obtainable of the euro zone and the crises indoors Italy and Greece. Investors applauded progress both nations made in the direction of forming new-fangled governments, in the role of well in the role of the Italian Senates passage of a crucial austerity resources demanded by the European Union.

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