Stocks finish up after long week of downs

Stocks made a late rebound Friday as the Dow Jones industrials closed up 125 points, a day after recording its worst finish in more than a year. 

After a day of yo-yoing, volatile trading, the market rebounded slightly despite intensifying fears that Europe's debt problems will negate improvements in the recovering global economy. 

The markets again fell sharply again today from the morning's opening and went on a roller coaster ride until the closing bell. 

Overall, the Dow was up 125.38 points or 1.2 percent to finish at 10,193.39 while the S&P 500 index was up 1.5 percent and Nasdaq composite increased 1.1 percent. 

The Dow dropped 376 points on Thursday continuing a downward trend for the week, cutting into recent steadiness bolstered by positive U.S. economic indicators. After Thursday, all major indexes were down 10 percent from April highs as market analysts called the trend a market correction. 

Markets worldwide also were up and down as German lawmakers approved a $1 trillion bailout program to provide financial stability to European countries. 

The euro rose for the third day as the dollar declined.