Somewhat Reassured About Greece, Wall Street Rises

Wall Street shares moved beyond an early wave of pessimism on Thursday as investors grew more confident that the simmering debt crisis in Europe would be resolved.

A morning of timid trading had turned into a lively rally by afternoon, as European leaders reiterated a pledge to pre-empt financial disaster in Greece and across Europe.

Full story: Somewhat Reassured About Greece, Wall Street Rises – NYTimes.com