Archive for August, 2003

Stocks surge on effort to ease Europe debt crunch

NEW YORK – Stocks rocketed higher and interest rates fell Monday after investors were reassured by a nearly $1 trillion plan to avoid a European debt crisis. The Dow Jones industrial average rose about 390 points. The Dow and broader stock indexes rose more than 3 percent. Markets also barreled higher in Europe. The yield on the benchmark [...]

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