Wall Street rises on hopes Europe will solve its debt problems. Mark Lasseigne fills you in on today's Acadiana Business Index.

  • The gains come a day after the ECB and the US Federal Reserve, along with England, Switzerland and Japan, agreed to provide unlimited US dollar loans to European banks.  The surprise move calmed some fears, at least temporarily. 
  • Research In Motion plummeted 19%.  The BlackBerry maker reported quarterly earnings and revenue fell short of expectations, and that margins for the current quarter will continue to contract.
  • Crude oil settled at $87.96 a barrel.
  • Gold closing at $1,815/ounce.