n Friday, the Dow Jones Industrial Average recorded its second-biggest gain of 2012, after European leaders announced a new plan to resolve their ongoing debt crisis. Among other things, the plan would allow the European Union to use its bailout fund to directly recapitalize tottering banks, easing investor concerns that the continent's fragile banking industry could add to the debt load of nations already deeply in the red. The Dow rose 278 points to close at 12,880, while the larger S&P 500 index climbed 33 points to end the day at 1,362.
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- The GOP must try to win over African-Americans
- Who are the real gay marriage bigots?
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