Stocks Rally to Finish Higher

Business

0  Updated at 3:00 pm, July 26th, 2012 By: ABC Digital
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Medioimages/Photodisc/Thinkstock(NEW YORK) — Stocks rallied Thursday on eased concerns for the euro zone, erasing losses for the week.  The central bank in Europe has expressed willingness to help support the region’s troubled economies and save the euro.
 
The Dow closed with a 212 point upsurge at 12,888.
The Nasdaq and S&P added 39 points and 22 points, respectively.
 
Meanwhile, shares of the company behind Farmville have dropped sharply, losing about 40 percent. Zynga posted a dismal earnings report and cut its earnings guidance for the full year.  The game-maker said late launches for new games is a challenge it will have to overcome in the competitive Facebook domain.
 
Copyright 2012 ABC News Radio



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