Investor’s were excited to hear that the U.S. stock market experienced its strongest gain of 2012. On Wednesday 6/6/12 stocks surged, pushing year-to-date figures in the black. The positive spin came as news that a new plan to cure the debt crisis in Europe may be underway.
After seeing stocks plummet after the jobs market report was released earlier in the week, many were on edge. However, with stocks gaining 286 points today, investor’s will likely sleep well tonight.
The only negative outcome is that oil prices also surged with this news. Darn, they had just began to drop…it figures we just can’t seem to get a break.