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Traders gather July 26, 2012, at a post on the floor of the New York Stock Exchange during the IPO of Northern Tier Energy. U.S. stocks soared at the opening bell after the president of the European Central Bank vowed to do what it takes to preserve the continent's monetary union. (Associated Press)

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Traders gather July 26, 2012, at a post on the floor of the New York Stock Exchange during the IPO of Northern Tier Energy. U.S. stocks soared at the opening bell after the president of the European Central Bank vowed to do what it takes to preserve the continent's monetary union. (Associated Press)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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Traders work on the floor of the New York Stock Exchange on June 28, 2012. (Associated Press)

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Traders work on the floor of the New York Stock Exchange on June 28, 2012. (Associated Press)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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Specialist Gregg Maloney works June 25, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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Specialist Gregg Maloney works June 25, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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Trader Stephen Guilfoyle (center) works June 22, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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Trader Stephen Guilfoyle (center) works June 22, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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Ben S. Bernanke, chairman of the Fed, appears on a television on the floor of the New York Stock Exchange. Mr. Bernanke said the U.S. economy is being held back by lingering weakness in the housing market. (Associated Press)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)

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A Wall Street sign hangs near the New York Stock Exchange in New York. (AP Photo/Jin Lee)