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Stocks soaring on news of EU plant to fight debt

5 years ago May 10, 2010 May 10, 2010 Monday, May 10 2010 Monday, May 10, 2010 7:42:25 AM EDT in News
Source: Associated Press

A plan to combat Europe's spreading debt crisis has sent stocks soaring.

The European Union has agreed to put up $1 trillion to protect the euro and shore up member economies.

Stocks surged in Europe and in early trading on Wall Street the Dow Jones was up my more than 400 points.

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