U.S. stock rallied in late afternoon trading on Tuesday with the Dow Jones experiencing its best day in over a month. Concern over finances in Greece and mounting European debt were alleviated with reports that the E.U. is considering a bail out for Greece.
In the hours that followed the reports, the Dow Jones Industrial Average gained over 150 points or 1.5 percent. The S&P index also fared well, tacking on 13.78 points or 1.3 percent to 1,070.52 while the Nasdaq Composite Index rose 24.82 points, or 1.2%, to 2,150.87.
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