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Wall Street jumps after central bank action


    NEW YORK (Reuters) - Stocks rose for a fourth day on Thursday as coordinated central bank action calmed fears that Europe's financial sector was headed for a credit freeze due to the region's sovereign debt crisis.

    The Dow Jones industrial average gained 186.30 points, or 1.66 percent, to 11,433.03, according to the latest available figures. The Standard & Poor's 500 Index gained 20.41 points, or 1.72 percent, to 1,209.09. The Nasdaq Composite Index gained 34.52 points, or 1.34 percent, to 2,607.07.

    (Editing by Kenneth Barry)