NEW YORK — Hope that European leaders will take steps to ease the region’s debt crisis sent stocks surging to their best day this year Wednesday.Read the rest here.
Speculation that the Federal Reserve could make another move to help the flagging U.S. economy also drove traders out of bonds and into stocks Wednesday after weeks of losses.
Wednesday, June 06, 2012
Stocks bounce on Fed and European hopes
Labels:
economics,
Europe,
federal reserve,
financial markets
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