BREAKING NEWS: Wall Street Rebounds on Euro Hopes, Upbeat Data; Dow up 146

Wall Street kicked off the day in the green after positive developments from Italy and Greece, coupled with a round of upbeat U.S. economist data, boosted traders' spirits on the heels of the worst selloff in months. The Dow jumped 146 points, or 1.2%, while the broad S&P 500 posted bigger gains on a percent basis.

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