The Dow Jones Industrial Average rallied up 70.61 points to 12,907.94 Thursday on reports that Greece has all-but-resolved some of its lingering issues with private creditors to ensure the country avoids a disorderly default.
The Nasdaq stormed up 34.73 points to 2,970.42 while the S&P 500 picked up 13.28 points to close at 1,365.91.
Investors were nonplussed by mixed employment reports ahead of Friday’s much-anticipated monthly jobs report.
Challenger, Gray & Christmas reported that total number of planned U.S. job cuts fell 3.3% in February to 51,728, down from 53,486 job cuts announced in January.
However, weekly unemployment claims increased by 8,000 applications last week to a seasonally adjusted 362,000, according to the Labor Department. Economists were expecting that figure to be roughly unchanged at 351,000.
Here are some more details from Thursday’s trading session:
Dow Jones Industrial Average:
- Up for two consecutive trading days.
- Up 148.79 points, or 1.17%, over the last two trading days.
- Largest two day point & percentage gain since Friday, February 17, 2012.
- 27 of the 30 stocks rose, 3 fell.
- Today's top contributors to The Dow's movement and their point contribution: IBM (15.44), CAT (15.14), MMM (9.38), UTX (7.27), DD (6.43).
- Today's laggards: MCD (-24.37), XOM (-7.57), INTC (-0.45), BAC (0.30), PFE (0.53).
- An intraday high of 12937.19 at 15:14:35 today, up 99.86 points, or 0.78%.
- An intraday low of 12835.53 at the open today, down 1.80 points, or 0.01%.
- Down 8.87% from its record closing high of 14164.53, hit on Tuesday, October 09, 2007.
- Up 97.16% from its 12-year close low of 6547.05 on March 9, 2009.
- Up 7.70% from 52 weeks ago.
- Up 4.43% from its 2012 closing low of 12359.92 on Friday, January 06, 2012.
- Down 0.75% from its 52 week high of 13005.12 on Tuesday, February 28, 2012.
- Up 21.14% from its 52 week low of 10655.30 on Monday, October 03, 2011.
- Month-to-date: down 0.34%.
- Year-to-date: up 5.65%.
Dow Jones U.S. Total Stock Market Index:
- Dow Jones US Total Stock Market, 14205.25*, up 144.98 points, or 1.03%, or approximately $166 billion in market capitalization.
- Up for two consecutive trading days.
- Up 250.74 points, or 1.80%, over the last two trading days.
- Largest two day point & percentage gain since Wednesday, December 21, 2011.
- Largest one-day point & percentage gain since Thursday, February 16, 2012.
- Off 9.78% (approximately $2.6 trillion) from its record closing high of 15745.39, hit on Tuesday, October 09, 2007.
- Up 108.90% (approximately $8.5 trillion) from the 12 ½ year close low of 6800.08 hit on March 9, 2009.
- Rose 5.04% from 52 weeks ago.
- Down 0.68% from its 2012 closing high of 14302.61 on Thursday, March 01, 2012.
- Up 7.56% from its 2012 closing low of 13206.64 on Wednesday, January 04, 2012.
- Down 0.72% from its 52 week high of 14308.37 on Friday, April 29, 2011.
- Up 25.72% from its 52 week low of 11299.07 on Monday, October 03, 2011.
- Month-to-date: down 0.05%, or approximately 10.0 billion in market cap.
- Year-to-date: up 9.11%, or approximately $1.4 trillion in market cap.
Data courtesy of Dow Jones Indexes.