US stocks rallied for the second day, yesterday, as Greece backed away from a proposed referendum that could have derailed last week's agreement to cut Greek debt and shore up European banks. And the European Central Bank provided a happy surprise to investors with an interest rate cut, a sign of a more aggressive approach to confront weak growth in the region. So, the Dow Jones Industrial Average rose 208 points, or 1.8 percent, at 12,045. The Standard & Poor's 500 index gained 23 points, or 1.9 percent, at 1,261. And the Nasdaq composite index added 58 points, or 2.2 percent, at 2,698.In economic news, fewer Americans filed new claims for jobless benefits last week, a sign the US economy's growth is steady. The focus will shift to the non-farm job report, today, by the Labour Department. Economists polled by Reuters forecast the economy added 95,000 payroll jobs last month.