U.S. Stocks Rise as ECB Offers Loans to Banks to Tame Crisis

U.S. stocks rose for a fourth day as the European Central Bank and international policy makers coordinated to lend dollars to banks to tame the credit crisis, offsetting concern spurred by signs unemployment is worsening.

Bank of America Corp. and JPMorgan Chase & Co. added more than 3 percent as the ECB coordinated with the Federal Reserve and other central banks to provide liquidity to European lenders. General Electric Co. and Chevron Corp. advanced at least 2 percent, pacing gains in companies most-tied to the economy. Netflix Inc. tumbled 19 percent as the online film-rental service cut its forecast for U.S. subscribers.