BREAKING NEWS: Stocks Surge 3% as Strong Data Boost Traders' Spirits

The markets charged higher on Tuesday after a round of encouraging economic reports on the American and European fronts, combined with moderating eurozone debt yields, instilled a sense of confidence on Wall Street. Every major sector ended in the green, led by energy and basic materials shares, while oil soared 3.6%. The Dow jumped 337 points, or 2.9%, while the broader S&P 500 rallied 36 points, or 3%.

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