Originally published Monday, May 10, 2010 at 3:07 PM
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Summary Box: Stocks surge on European debt plan
INDUSTRIAL STRENGTH: The Dow Jones industrial average jumped 405 points, or 3.9 percent, for its biggest advance in more than a year after the European Union and the International Monetary Fund agreed to put up $1 trillion to stop a debt crisis in Greece from spreading to other weak European countries.
The Associated Press
INDUSTRIAL STRENGTH: The Dow Jones industrial average jumped 405 points, or 3.9 percent, for its biggest advance in more than a year after the European Union and the International Monetary Fund agreed to put up $1 trillion to stop a debt crisis in Greece from spreading to other weak European countries.
BIG MOVE: The scale of the response topped expectations and eased concerns that policymakers wouldn't be able to keep debt problems from spreading.
BROAD GAINS: All 30 stocks that make up the Dow industrials ended higher for the first time since November.
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