NEW YORK — Stocks are surging, erasing their losses for the week, after Italy and Greece moved closer to forming new governments and getting their financial crises under control. The Dow Jones industrial average rose back above 12,000. Italy’s benchmark stock index leapt 3.7 percent and its borrowing costs plunged after the country’s Senate passed a crucial austerity budget demanded by the European Union. Read full article >>
Stocks Surge, Putting The Dow Back Above 12,000, After Italy Passes Key Economic Reforms
Associated Press, Washington Post
Fri, 11/11/2011 - 9:53am
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