Stocks rose Wednesday after a German court cleared the way for that country to participate in a European rescue fund. The ruling helped push Germany's main stock index, the DAX, to its highest level since July of last year.
European Central Bank's bond-buying plan continued to lift financial markets on Friday ahead of key US jobs data. European Central Bank president Mario Draghi unveiled a plan Thursday to to buy unlimited amounts of short-term bonds from euro countries that request help.
Stock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.
The European Central Bank's announcement today expressed a willingness to prop up the bond market but without providing any specifics on how much it would spend, for how long, or starting when, dashing expectations that the continent had unified around a remedy for the eurocrisis.