New York (Reuters)-the U.S. stock market on Tuesday in the third day of the rise, the eurozone officials effort, to consolidate the region's rescue fund and ease the sovereign debt crisis, improve the optimistic.
But the stock market after a day after the peak of the crack in the deal agreed, before the New Deal with crises a report suggested.
Europe's sovereign debt crisis of a successful solutions, will take on the fear that Banks closed funds, and delete pressure to economic growth a threat. Rising hopes of reaching an agreement to promote the standard &poor's 500 index closed at more than 4% since Thursday.
This is three days by the standard &poor's 500 index, the biggest gain
Since the middle of August. This week so far, Chicago board options exchange (CBOE) volatility index fell more than 10%.
In indiana, Pennsylvania, Stewart capital consultant is the President and chief investment officer, "it's very glad to see some of the steps toward the resolution. Support Banks and deal with the region's financial problems, is really positive for the stock, polly said:" Malcolm.
The dow Jones industrial average stock price index closed up 146.83, or 1.33%, to 11190.69 in. The s&p 500 stock index rose 12.44 points, or 1.07%, to 1175.39 in. The nasdaq composite index rose 30.14 points, or 1.20%, to 2546.83 in.
Standard &poor's material index is up 2.1%, the standard &poor's energy shares index rose 1.5%, because of commodity prices in Europe to hope the solutions. Mining and energy stocks in the bulk lots stock in the best performing.
Although European officials have to consider every way, maximum limit assistance funds and bank transfers, much of the political obstacles seal to deal.
"The financial times" report, is divided in the euro zone development aid to the terms of the Greek future. However, this has already reported earlier in the day.
Germany and France's economic advisers urged in Tuesday's joint article, Greece to allow its debt of about 50%, and called on the support of large Greek holding bank.
The volatility of the market could remain high, traders with headlines, and trying to measure the response of the governments and institutions, the commitment because of their job, to prevent Greece default. The stock market has in recent weeks, Europe's debt problems highly sensitive.
"If there are any resolution, it will create a capital hole, this will make the financial system more pressure, make things worse here," polly said.
Standard &poor's is up 3.4%, and so far, this week, after the defeat of the leading European than last week's 6.5%, fear. This is a week since October, 2008, the dow Jones index in the thick of the most serious financial crisis.
Shares have improved, for investors to adjust its portfolio in the last days of the quarter. In the stock and bond between the performance gap, be helpful for the government's debt, so far, this quarter, may in part to turn back.
"The end of the quarter of all these problems, we have seen amplification of the stock act," said Paul Simon, in Michigan Birmingham tactical allocation group's chief investment officer. "I don't have many we have seen in the mobile faith."
, a high technology service company, accenture PLC to $55.55 in after-hours trading, rising 3.5% after market closing, the company reported quarterly profits faster than expected. The company introduces the prospects for 2012, beyond the consensus forecast.
The processor Paychex compensation rose 1.9% to $27.20 after the markets closed, the better than expected earnings.
Research in M otion company listed in the United States the stocks investors Carl Iraq has been taken in the camp blackberry mobile phone manufacturers to market shares, speculation. The stock on nasdaq in 100 or before, climbing 4.5%, to $22.65.
Walgreen's cooperation fell 6.3%, to $33.77, this marked its will pay non-prescription drug welfare management and Express Scripts company battle, it will not give in. Express Scripts of rose 0.9%, to $39.68.
For each in New York stock exchange fell nearly five stocks to rise, and about 73%, and the nasdaq problem is ending. The New York stock exchange, the American stock exchange and the nasdaq about 904 million shares changed hands, higher than last year's average $847 million a day.
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