NEW YORK (AP) - The Dow's gain of nearly 287 points Wednesday helped to turn it positive for the year, once again. The 2.4 percent advance is also its best showing of the year, offsetting Friday's 275 point loss.
Hope that Europe would help ease the region's debt crisis helped launch the rally. A news report said European officials were moving quickly to find a way to rescue Spain's hobbled banks.
In other trading, the S&P 500 rose 30 points to 1,315. The Nasdaq composite index added 67 to 2,845.
Seven stocks rose for every one that fell on the New York Stock Exchange. Trading volume was slightly higher than average at 4.1 billion shares.
First Coast News