Thin volume 'risk on' rally as stocks faded into the close from the highs but kept some gains.
The markets are primarily eyeing the sovereign debt situation and discounting domestic results and economy, at least for now.
“'Simon, Simon, behold! Satan has demanded permission to have all of you, to sift you like wheat. But I have prayed for you, that your faith may not fail. And once you have returned, you must strengthen your brothers.' And Simon said, 'Lord, I am ready to go with you, to prison and death.' Jesus answered, 'Before the cock crows, you will deny three times that you even know me.'" Luke 22:31-34