FOX Business: The Power to Prosper

The markets rocketed higher for the second day in a row, with the Dow surpassing the key 13000 mark for the first time since May, as traders grew hopeful that European authorities will take decisive action to quell the continent's growing debt debacle. 

Today's Markets

The Dow Jones Industrial Average futures rose 188 points, or 1.5%, to 13076, the S&P 500 gained 26 points, or 1.9%, to 1386 and the Nasdaq Composite climbed 64.8 points, or 2.2%, to 2958.

For the week, the Dow roared 2% higher. The gains on Thursday were driven by remarks from European Central Bank President Mario Draghi indicating the central bank is willing to take steps to ease borrowing costs in embattled eurozone nations, presumably including Spain and Italy. 

The optimism continued into Friday, with French newspaper Le Monde reporting that the ECB is preparing a joint intervention with one or both of the eurozone's rescue funds.