Indications that Greece might not default on its debt, as well as reports that the Federal Reserve has a new plan to stimulate the economy, prompted a solid day on Wall Street.
The Dow lost 108 points to close at 11401 as investors worried that Greece will default on its loans.
Stock prices plummeted in Europe and stock futures were down in the US after EU ministers failed to expand a bailout fund to help Greece. Bank stock prices led the decline in Europe.
Stock market rises for fifth straight day as optimism rises about Europe's debt problems. Major stock market indexes still down for the year.
Five central banks take steps to funnel cash to eurozone commercial banks by year's end. Their aim? Avert a funding freeze – and perhaps another global banking crisis tied to bad debt.
The Dow rose 186.45 points to close at 11,433.18. The S&P rose 20.43 points to 1,209.11, and the Nasdaq rose 34.53 points to 2,607.07.
The Dow gained 140.88 points to close at 11,246.73 as hopes for progress on Greece's debts pushed stocks higher.
The Dow rose 44.73 points to close at 11,105.85 after a choppy Tuesday session
The Dow rose 68.91 points to close at 11,061.12 in September's second gain