Following the market holiday on Monday, stocks opened on Tuesday with minimal gains, with the Dow surpassing the 13000 mark for the first time in four years before finishing the day slightly below this milestone mark. On Wednesday, the major indexes faltered slightly, as the details over the second Greek bailout became known. The Dow flirted with the 13000 mark once again on Thursday, as initial weekly jobless claims remained steady, while its four-week moving average dropped to its lowest level in four years. Stocks finished the week on Friday largely unchanged as the volatility that plagued 2011 seems to to have diminished in 2012. Still, the S&P 500 managed to close at a nearly four year high.

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