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(Image from article: "Markets Rebound, Dow Up Nearly 200")

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Stocks surge on first trading day of 2012

Stocks rose sharply on the first trading day of 2012 as upbeat U.S. economic data overshadowed continuing concerns about the European debt crisis.

Wall Street rises on U.S. data, German vote

Stocks rose on Thursday after U.S. economic data came in stronger than forecast and Germany's lower house approved new powers for the euro zone's crisis fund.

Markets Rebound, Dow Up Nearly 200

Upbeat economic data, and slipping oil prices, sparked a broad rally Thursday, lifting the blue chips to their biggest percent gain since December.

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