Stocks Rise on Signs of Credit Thaw, News of Global Summit
U.S. stocks rose Monday following word from President Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso over the weekend that they plan to hold a series of summits on the global financial crisis.
Stock markets in Asia and Europe also were buoyed by optimism that global efforts to shore up the banking system were taking hold, Reuters reported.
Also Monday, Federal Reserve Chairman Ben Bernanke ...
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