Talks of European bank recap and huge tech takeovers spurred another monster rally in the stock markets.
First, the scoreboard:
Dow: +131, up 1.2%S&P 500: +20, up 1.8%NASDAQ: +56, up 2.3%
And now, the top stories:
Investors think Europe is moving in the right direction in fixing its debt crisis. Yesterday's global rally, sparked by talks of European Bank recapitalization, was reinforced earlier today when German Chancellor Angela Merkel said her country is "prepared to move to bank recapitalization.
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