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Old 08-12-2011, 02:41 AM   #1
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The Dow Jones Industrial Average rose nearly 405 points,nike mercurial vapor, or 3.90 percent,nike soccer cleats, to 10785.14, while the Standard & Poor's 500 index climbed 48.85, or 4.40 percent, to 1159.73. The Nasdaq Composite soared 109.03 percent,football cleats, or 4.81 percent,louboutin pas cher, to 2374.67 percent.
The gains came after the European Union agreed to a 750 billion euros bailout, comprising 440 billion euros of loans from eurozone member states,soccer cleats, 60 billion euros from a European Union emergency fund and 250 billion from the International Monetary Fund. In addition, under the mechanism,Christian Louboutin pas cher, other eurozone member states would also gain access to loans should they get into debt crisis.
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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