Stocks rise as markets look to central bank help

Community gearing up for two-year anniversary ceremony this afternoon

With the playground full of children, it could be any other day at Joplin’s Cunningham Park, but the white tents popping up and neat rows of white chairs lined up nearby indicate something more is happening today.

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June 15, 2012

Stocks rise as markets look to central bank help

Anonymous From The Associated Press The Joplin Globe Fri Jun 15, 2012, 03:22 PM CDT

NEW YORK — Stocks are ending the day sharply higher. Now investors wait for Greece.

The Dow Jones industrial average closed up 115 points on Friday. Investors expect that the central banks of countries around the world stand ready to head off a deeper European debt crisis.

Greece holds a crucial election on Sunday that will help determine whether that country abandons the euro.

The Dow finished at 12,767. That’s a one-month high. The Standard & Poor’s 500 index ended 13 points higher at 1,342. The Nasdaq composite index closed up 36 at 2,872.

Trading volume was about average, 4.1 billion shares. Advancing stocks outpaced declining stocks by more than 4-to-1.

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