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(Image from article: "Optimism about European crisis sends stocks surging")

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Dow Jones and S&P climb to new highs

New York's Dow Jones share index sets a new all-time high, as does the broader based S&P 500 index. The rallies mean the stock markets are returning to levels not seen since before the global financial crisis.

Optimism about European crisis sends stocks surging

Stock prices around the world rose on Monday after European leaders signaled a willingness to tackle the financial crisis brewing there.

European and Asian Shares Slide

Investors booked gains on last week’s rally and turned cautious about claims that the global economy is past the worst and ready to recover.

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