European Debt Plan, Manufacturing Report Spark Rally

The markets rallied on Thursday after a better-than-expected regional manufacturing report and plan by European leaders to tackle euro zone debt issues offset disappointing jobs data. Today's Markets As of 12:10 p.m. ET, the Dow Jones Industrial Average soared 124 points, or 0.99%, to 12,697, the S&P 500 rose 15.1 points, or 1.1%, to 1,341 and the Nasdaq Composite jumped 15.8 points, or 0.56%, to 2,830. The FOX 50 gained 8.9 points to 949. Continue reading the article.