World stock markets encouraged by Euro debt moves

World stocks rose today amid growing optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis that has rocked financial markets for months.

World stocks rose today amid growing optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis that has rocked financial markets for months.

Benchmark oil rose above $101 per barrel, while the dollar fell against the euro and the yen.

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