
U.S. stocks closed near session highs overnight on robust economic news and
euro's rebound against the U.S. dollar following reports the euro zone central
banks agreed to exchange their existing Greek bonds for new ones.
The Dow Jones Industrial Average rose 123.03 points, or 0.96 per cent at 12,904.08,
The S&P 500 jumped 14.81 points, or 1.10 per cent, to close at 1,358.04.
All 10 S&P sectors ended firmly higher,led by materials and financials.
The Nasdaq composite gained 44.02 points, or 1.51 per cent at 2,959.85,