The Dow Jones Industrial Average rose nearly 405 points,
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The gains came after the European Union agreed to a 750 billion euros bailout, comprising 440 billion euros of loans from eurozone member states,
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U.S. stocks rocked to their biggest gain in a year Monday with Dow index closing up nearly four percent after a massive rescue package for the eurozone eased investors' fear of a sovereign debt crisis.
U.S. stocks rebounded strongly,
Christian Louboutin, posting their biggest one-day gains in a year as the financial ministers in the eurozone countries approved a 150 billion euros bail-out package to help contain the continent's debt crisis early Monday.
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More over, the European Central Bank also announced the decision to buy eurozone national bonds from the secondary market, and the U.S. Federal Reserve,
chaussure louboutin pas cher, working with other central banks, re-activated swap lines to ensure enough dollars in the European market.
All the three major indexes have recorded the biggest one-day gains since March 23, 2009.
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