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US stocks rose for a fourth straight session on Thursday after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece, easing default fears. In the last four days, the S&P 500 has risen 3.9 percent, while the Dow is up 3.3 percent and the Nasdaq is up 4.9 percent.
Financial stocks were among the top gainers, with the S&P financial sector index up 1.5 percent. Among individual stocks, Bank of America Corp rose 1.7 percent to $7.17 and J.P. Morgan Chase & Co was up 1.8 percent to $33.39. The Dow Jones industrial average was up 131.35 points, or 1.17 percent, at 11,378.08. The Standard & Poor's 500 Index was up 12.85 points, or 1.08 percent, at 1,201.53. The Nasdaq Composite Index was up 19.63 points, or 0.76 percent, at 2,592.18.

Copyright Reuters, 2011

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