Dow Jones Industrial Average closed higher on Friday, supported by hopes that European leaders will be able to tame Spanish banking turmoil. Blue chip index added 0.75% or 93.24 points and settled at 12,554.20. 26 out of 30 stocks finished into green area. Wal-Mart Stores rallied most in the Dow, gaining 3.6%. Other major retailer Home Depot ascended 2.2%. On the downside Mcdonald's slipped 0.7%. Dow index ended week with a 3.6% improvement as concerns over Europe eased.