In this Sept. 22, 2011 photo, traders work on the floor of the New York Stock Exchange, in New York. Hopes that European leaders will consider new ways to fight the debt crisis, including a contained Greek default, reassured investors on Monday, Sept. 26, 2011, though analysts said more specifics will have to emerge before a rally gains traction. (AP Photo/ Louis Lanzano)
In this Sept. 22, 2011 photo, traders work on the floor of the New York Stock Exchange, in New York. Hopes that European leaders will consider new ways to fight the debt crisis, including a contained Greek default, reassured investors on Monday, Sept. 26, 2011, though analysts said more specifics will have to emerge before a rally gains traction. (AP Photo/ Louis Lanzano)
In this Sept. 12, 2011 photo, a trader with JNK Securities works on the floor of the New York Stock Exchange. Hopes that European leaders will consider new ways to fight the debt crisis, including a contained Greek default, reassured investors on Monday, Sept. 26, 2011, though analysts said more specifics will have to emerge before a rally gains traction. (AP Photo/Henny Ray Abrams)
NEW YORK (AP) ? Stocks are closing with their biggest gains in more than two weeks after European officials pledged to take bolder steps to fight the region's debt problems.
The finance ministers met in Washington this weekend. They offered few specifics about their next moves, but markets are sensitive to every piece of news coming out of the region.
The Dow Jones industrial average jumped 272 points, or 2.5 percent, to close at 11,044. It was the Dow's biggest gain since Sept. 7.
The Standard & Poor's 500 rose 27, or 2.3 percent, to 1,163. The Nasdaq composite rose 33, or 1.4 percent, to 2,517.
About three stocks rose for every one that fell on the New York Stock Exchange. Trading volume was a bit heavier than average at 4.5 billion shares.
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