Monday, February 27, 2012

Wall Street ends near 5-month high before Europe test

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Stocks held firm near recent five-month highs on Wednesday as investors awaited key bond market tests for Europe in the next two days that could determine the direction of the euro zone crisis. U.S. equities have been performing better in the face of turmoil from Europe's sovereign debt problems. This is a major change from four months ago and comes as investors have taken improving U.S. economic data to heart and an optimistic view about corporate earnings. ...


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