Dow Average Rises to 5-Year High; Euro, Italy Bonds GainMichael Shanahan and Rita Nazareth
Stocks rallied, sending the Dow Jones Industrial Average to the highest since October 2007, as Italy sold debt amid political turmoil and U.S. data bolstered confidence in the world’s largest economy. The euro rebounded from a seven-week low and Italian 10-year bonds gained.
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