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Markets

US stocks jump sharply after German vote

NEW YORK : US stocks opened sharply higher after an upward revision to US second quarter growth estimates and followi
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By Imad Uddin
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NEW YORK: US stocks opened sharply higher after an upward revision to US second quarter growth estimates and following a key German vote approving the eurozone's newest bailout package.

Ten minutes into trade, the Dow Jones Industrial Average was up 1.85 percent, while the broader S&P 500 added 1.7 percent, and the Nasdaq gained 1.6 percent.

 

Copyright AFP (Agence France-Presse), 2011

 

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