Blue-chips surge to best day of month; Dow up 212

SAN FRANCISCO (MarketWatch)
U.S. stocks surged Thursday after comments from the European Central Bank's president signaled more willingness to stem skyrocketing European bond yields and after some positive U.S. data reports
The Dow Jones Industrial Average rose 211.88 points, or 1.7%, to 12,887.93, the best day this month, with all 30 components except Cisco Systems inc. higher
The S&P 500 rose 22.13 points, or 1.7%, to 1,360.02, led by a 3% rise in telecom stocks
All 10 sectors were higher
The Nasdaq Composite rose 39.01 points, or 1.4%, to 2,893.25
Component Facebook Inc. fell 8.5% before releasing results after the bell