by JeeYeon Park:
"Stocks initially shot higher in the final hour Thursday following a report that central banks are preparing coordinated action to provide liquidity after the Greek election, but lost steam within minutes to near where they had previously been trading.
"A senior U.S. official cautioned that the Greek election will not provide "the definitive signal on what happens next" in the euro zone debt crisis, according to Reuters. But if severe market strains emerge after the elections, central bankers will be ready to ensure enough cash is flowing through the financial system. ..."