Dow moves back above 10,000

The Dow Jones industrial average today jumped back above 10,000 on hope that the EU will help Greece manage its growing debt burden.

The Dow’s gain came a day after it closed below 10,000 for the first time in three months.

Global markets were higher on reports that the EU is assembling a rescue plan for Greece. Investors have worried the problems could spill into other markets.

The Dow was up 150 at 10,059, a day after falling 104. The Standard & Poor’s 500 was up 14 at 1,071. The Nasdaq composite index was up 25 at 2,151.

More than three stocks rose for every one that fell on the New York Stock Exchange. Volume totalled 1.2 billion shares compared with 1.1 billion on Monday.