Saturday, April 28, 2012

Stocks rise, eurozone crisis stalks bond auctions

A floor trader talks on the phone at the Hong Kong Stock Exchange Tuesday, April 24, 2012. Unsettling news about Europe's debt crisis and disappointing U.S. corporate earnings weighed on Asian stock markets Tuesday. Hong Kong's Hang Seng lost 0.2 percent at 20,591 after a higher opening. (AP Photo/Kin Cheung)Stocks in Europe and Asia rebounded modestly Tuesday after sharp losses the day before on fears about Europe's debt crisis, helped by a late rebound on Wall Street. But rising borrowing costs at bond auctions for Spain and Italy showed that debt fears still stalk the eurozone.


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