FOX Business: The Power to Prosper
The markets capped the tumultuous trading week on a high note amid cautious optimism that policymakers are prepared for the potential impact of the Greek elections over the weekend.
Today's Markets
According to preliminary calculations, the Dow Jones Industrial Average climbed 115 points, or 0.91%, to 12767, the S&P 500 rose 13.7 points, or 1%, to 1343 and the Nasdaq Composite gained 36.5 points, or 1.3%, to 2873.
It has been a particularly volatile week for the markets, with single headlines causing big fluctuations on a daily basis.
In particular, traders responded bullishly to news that the Bank of England and UK Treasury will provide 100 billion pounds worth of emergency lending to shore up the country's economy. At roughly the same time, Reuters reported that central banks are ready to deploy a coordinated action following the Greek election if it becomes necessary. A spokesperson for the European Central Bank declined to comment on the report.