Global markets will be breathing easy as US stocks gained a day after the surprising hiccup that broke a two-month winning streak.
The U.S. stock market recovered from an early slide after gains in retail sales overshadowed concerns about Greece8217;s debt problems.
Stocks have ended higher Thursday following a report that sales at the nation8217;s major retailers rose 9 percent last month.
The market fell in morning trading after Greece8217;s borrowing costs rose to a record level. That signals that a recently announced rescue plan for the country might not prevent a default.
The Dow Jones industrial average is up 30 to close at 10,927. The Standard amp; Poor8217;s 500 index is up 4 at 1,186.44. The Nasdaq composite index rose 6 to 2,437.
Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange. Volume came to 1 billion shares compared with 1.2 billion Wednesday.