i'm hampton pearson with your cnbc market wrap. a strong finish for the week puts us back in the black for the year. the dow jones industrial soaring 259 points. the s&p 500 gaining 24. and the nasdaq picking up 53 points. looks like european pond investors are coming in off the ledge in terms of their outlook on the crisis over there. a monthly analysis from bank of america merrill lynch found investors increasingly optimistic about europe's ability to get its financial house in order. the italian senate passed a new budget law, allowing for formation of an emergency government. and greece's new prime minister, lucas pappendemos is forming a new cabinet.