BREAKING NEWS: Stocks Surge on Reports of Larger EU Bailout Fund

Stocks are expanding on their earlier rally, with reports saying that the Europeans have agreed on a larger bailout plan to resolve their massive debt crisis. The Dow is up 227 points, or 2%, at 11621 and the S&P 500 is higher by 2.4%. Treasury prices have turned lower, with the 10-year Treasury yielding 2.18%.

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