The indexes spiked higher going into the final hour on word that a coordinated Eurozone bailout might be pending. They pulled back after the European Central Bank denied the rumor but maintained a good portion of those late gains into the close.
The S&P 500 ended the day up 14.22 points, or 1.08 percent, at 1329.10 after trading as low as 1314.70 early in the morning.
The Nasdaq 100 lagged the SPX by nearly half a percent throughout the session but still closed higher by 12.53 points, or 0.5 percent, at 2539.97.
The Russell 2000 added 9.96 points, or 1.32 percent, to finish at 762.34. The small-cap index had earlier held firm at the 750 support level, which buyers defended with conviction.
S&P 500
Resistance is now 1330, followed by 1333.68 (yesterday's high), 1335, 1339.15, and 1340-50.Nasdaq 100
Support is now 1327.50, followed by 1325, 1322.95, 1320.73, 1314.25, and 1310-1305.
Resistance is now 2540.15, followed by 2547.41 (yesterday's high), 2550, and 2557.31.Russell 2000
Support is now 2536.71, followed by 2530.31, 2521.31, 2515.17 (yesterday's low), and 2510.
Resistance is now 762.88 (yesterday's high), followed by 764, 765.15, 767, and 780.
Support is now 760.27, followed by 758.56, 756, and 751.86 (yesterday's low).
