World News
Stocks soar on European pledge to help banks
NEW YORK – Stocks are closing sharply higher after the leaders of France and Germany promised to strengthen European banks. The Dow Jones industrial average soared 330 points, led by Bank of America Corp. The euro rose against the dollar. German Chancellor Angela Merkel and French President Nicolas Sarkozy said they would finalize a "comprehensive response" to the debt crisis by the end of the month. The Dow shot up 330 points, or 3 percent, t...
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