Stocks made major gains on Thursday as the euro began to recover and European leaders announced they will aid in a recovery for Greece.
The Dow Jones Industrial Average rose 86 points or 0.9 percent by midday while the S&P 500 tacked on 8 points or 0.7 percent to hit 1076. The Nasdaq improved the most dramatically percentage wise, adding 26 points or 1.2 percent to 2174.
A real sense of relief regarding the support for debt-ridden European nations including Greece, Spain and Portugal was felt among investors today. Also energizing trading are new reports from the Labor Department that indicate sharp drops in jobless claims for last week.
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