Dow Jones Industrial Average index climbs on housing data

Source: Dukascopy Bank
Dow Jones Industrial Average Index recovered on Thursday on positive job and housing data amid renewed optimism about Greece, as country expects to get bailout approval on February 20. Blue Chip index advanced 0.96% or 123.13 points and closed at 12,904.08 with 29 of 30 stocks posting gains. Microsoft led the gains, jumping 4% on news S&P is likely to increase firm's weighting in S&P 500 index. Bank of America soared 4% and Hewlett Packard surged 2.6%. Kraft foods was the only company that posted modest loss equal 0.1%. 

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