Stocks rise as markets look to central bank help
by MATTHEW CRAFT, AP Business Writer
Jun 15, 2012 | 1253 views | 0 0 comments | 5 5 recommendations | email to a friend | print
In this Monday, June 11, 2012, file photo, Specialist Frank Masiello, left, and trader Glenn Kessler work on the floor of the New York Stock Exchange. Wall Street was on course to open higher Friday June 15, 2012, with Dow Jones industrial futures rising 0.4 percent to 12,650. S&P 500 futures gained 0.4 percent to 1,331.30. (AP Photo/Richard Drew, File)
In this Monday, June 11, 2012, file photo, Specialist Frank Masiello, left, and trader Glenn Kessler work on the floor of the New York Stock Exchange. Wall Street was on course to open higher Friday June 15, 2012, with Dow Jones industrial futures rising 0.4 percent to 12,650. S&P 500 futures gained 0.4 percent to 1,331.30. (AP Photo/Richard Drew, File)
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NEW YORK (AP) — Stocks are ending the day sharply higher. Now investors wait for Greece.

The Dow Jones industrial average closed up 115 points on Friday. Investors expect that the central banks of countries around the world stand ready to head off a deeper European debt crisis.

Greece holds a crucial election on Sunday that will help determine whether that country abandons the euro.

The Dow finished at 12,767. That's a one-month high. The Standard & Poor's 500 index ended 13 points higher at 1,342. The Nasdaq composite index closed up 36 at 2,872.

Trading volume was about average, 4.1 billion shares. Advancing stocks outpaced declining stocks by more than 4-to-1.

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