The Dow Jones industrial average jumped 208 points Thursday after Greece scrapped a referendum on unpopular budget cuts and the European Central Bank unexpectedly cut interest rates. It was the second straight day of big gains in the stock market.
The Dow Jones industrial average gained 208.43 points, or 1.8 percent, to 12,044.47.
The S&P 500 rose 23.25, or 1.9 percent, to 1,261.15.
The Nasdaq composite rose 57.99, or 2.2 percent, to 2,697.97
For the week to date:
The Dow is down 186.64, or 1.5 percent.
The S&P 500 is down 23.94, or 1.9 percent.
The Nasdaq is down 39.18, or 1.4 percent.
For the year to date:
The Dow is up 466.96, or 4 percent.
The S&P 500 is up 3.51, or 0.3 percent.
The Nasdaq is up 45.10, or 1.7 percent.