Another Positive Day For The Dow: Acadiana Business Index
- Stocks leapt after reports that Greek Prime Minister George Papandreou could submit his resignation, casting doubt on his plan for a vote on the country's bailout package.
- In addition, the European Central Bank cut its main refinancing rate. However, new European Central Bank President Mario Draghi predicted the euro zone is headed to a mild recession. Stocks dropped into the red after Draghi's comments, but climbed back.
- Crude oil settled higher to $94.07 a barrel.
- And Gold closed at $1,765 an ounce.