Saturday, 30 June 2012


Stocks surged on Friday to close out a sour quarter on a high note as investors cheered an agreement by European leaders to stabilize the region’s banks, a pact that helped remove some of the uncertainty that has plagued markets.
The Dow Jones industrial jumped 277.83 points, or 2.20%, to 12,880.09 at the close. The Standard & Poor’s 500 rose 33.12 points, or 2.49%, to 1,362.16. The Nasdaq Composite climbed 85.56 points, or 3%, to 2,935.05.