Stocks rally on report central banks ready to move
NEW YORK (MarketWatch) -- U.S. stocks rallied harder on Thursday after a media report involving Europe's debt crisis. Peter Boockvar, strategist at Miller Tabak, cited a Reuters report of possible coordinated action by central banks to provide liquidity if needed following Greek elections this weekend. After leaping more than 200 points, the Dow Jones Industrial Average was more recently up 132 points at 12,628.6. The S&P 500 Index climbed 11.03 points to 1,325.91. The Nasdaq Composite climbed 4.96 points to 2,823.65.