U.S. stocks rebound as Italy, Greece fears ebb

SAN FRANCISCO (MarketWatch)
U.S. stocks recovered part of the prior session's steep losses on Thursday as progress toward installing new heads of state in Italy and Greece, plus a dip in Italian bond yields, encouraged a sense of temporary stability in Europe's debt crisis.
The Dow Jones Industrial Average rose 112.92 points, or 1%, at 11,893.86, led by a 5.7% gain in Cisco Systems Inc.
The S&P 500  rose 10.60 points, or 0.9%, to 1,239.70
The Nasdaq Composite edged up 3.5 points, or 0.1%, to 2,625.15