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Thursday, November 3, 2011

BREAKING NEWS: Stocks Rally on European Developments; Dow Up 130

Wall Street was in rally mode for a second-straight day after the European Central Bank unexpectedly sliced its main interest rate and traders paid close attention to developments from Greece. After the opening bell, the Dow zipped 130 points, or 1.1%, higher, while the broader S&P 500 and Nasdaq posted slightly smaller gains on a percent basis.


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