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Friday, December 9, 2011

BREAKING NEWS: EU Pact, Strong Data Launch Stocks Higher; Dow Up 140

An agreement by nearly the entire European Union to bolster fiscal ties and an upbeat report on U.S. consumer sentiment sparked a rally on Wall Street. The Dow is up 140 points, or 1.1%, while the broader S&P 500 is 1.2% higher. Meanwhile, traders sold safe-haven U.S. government debt, knocking the yield on the 10-year Treasury above 2%.


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