DOW

Dow

11,153.98

+143.08

+1.30%

By: JeeYeon Park

CNBC.com Writer
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Stocks erased a strong rally but still finished off their worst levels Thursday in thin, choppy trading as the Dow and S&P rebounded from afternoon lows.

Stocks started the session sharply higher following several robust economic news and and after Germany's parliament passed a crucial vote which approved the reforms to the EFSF.

The Dow Jones Industrial Average gained 143.08 points, or 1.30 percent, to finish at 11,153.98, rebounding from its afternoon lows, led by Travelers [TRV 49.69 1.52 (+3.16%) ] and Bank of America [BAC 6.35 0.19 (+3.08%) ].


The S&P 500 rose 9.34 points, or 0.81 percent, to end at 1,160.40. The Nasdaq slid 10.82 points, or 0.43 percent, to close at 2,480.76.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, finished below 39.