Dow industrials rally 186 points as U.S. stocks close day and week with gains

SAN FRANCISCO (MarketWatch)
U.S. stocks finished higher Friday, with all three benchmark indexes scoring gains for the week as European leaders agreed to closer fiscal ties.
"Investors were gleeful to hear of a plan that would provide a bit more dough for the rescue fund along with tighter budget rules, and they pushed stocks sharply higher in response," said Keith Springer, president of Springer Financial Advisors.
The Dow Jones Industrial Average rose 186.56 points, or 1.6%, to end at 12,184.26, up 1.4% for the week.
The S&P 500 added 20.84 points, or 1.7%, to end at 1,255.19, gaining 0.9% for the week.
And the Nasdaq Composite tacked on 50.47 points, or 1.9%, to close at 2,646.85, up 0.8% from a week ago.