FILE- In this Monday, June 4, 2012, file photo, Trader Daniel Kryger right, works on the floor of the New York Stock Exchange. Wall Street appears set for gains Wednesday June 6, 2012, with Dow Jones industrial futures rising 0.8 percent to 12,222 and S&P 500 futures adding 1 percent to 1,298. (AP Photo/Richard Drew, File)
FILE- In this Monday, June 4, 2012, file photo, Trader Daniel Kryger right, works on the floor of the New York Stock Exchange. Wall Street appears set for gains Wednesday June 6, 2012, with Dow Jones industrial futures rising 0.8 percent to 12,222 and S&P 500 futures adding 1 percent to 1,298. (AP Photo/Richard Drew, File)
NEW YORK (AP) ? A 200-point charge turned the Dow Jones industrial average positive for the year following a dismal stretch in May.
The Dow is up 208 points at 12,337 shortly before noon.
All 30 Dow stocks were higher, led by Bank of America, up 7 percent. The last time the Dow closed up more than 200 points was March 13.
The big jump follows weeks of losses, including a 275-point plunge last Friday caused by a surprisingly weak report on the U.S. job market
The Standard & Poor's 500 rose 22 points to 1,308. The Nasdaq composite rose 56 points to 2,834.
The gains were broad. Just 14 of the S&P 500 companies were lower, and more than eight stocks rose for every one that fell on the New York Stock Exchange.
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