Stocks rose for a fourth day on Thursday as coordinated central bank action calmed fears that Europe's financial sector was headed for a credit freeze due to the region's sovereign debt crisis.

The Dow Jones industrial average <.DJI> gained 186.30 points, or 1.66 percent, to 11,433.03, according to the latest available figures. The Standard & Poor's 500 Index <.SPX> gained 20.41 points, or 1.72 percent, to 1,209.09. The Nasdaq Composite Index <.IXIC> gained 34.52 points, or 1.34 percent, to 2,607.07.

(Editing by Kenneth Barry)