U.S. Stocks Rise as ECB’s Stark Predicts Crisis to Be Controlled
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U.S. stocks rose, following the first weekly retreat in the Standard & Poor’s 500 Index since September, as the European Central Bank’s Juergen Stark said the region’s debt crisis will be under control in two years.
Home Depot Inc. and Hewlett-Packard Co. gained at least 2.6 percent for the biggest advances in the Dow Jones Industrial Average. Amgen Inc., the largest biotechnology company, jumped