Stocks surge after Germany upholds bailout plan (AP)

By admin on September 7th, 2011

In this Sept. 6, 2011 photo, Gregg Maloney of Barclays Capital, works on the floor of the New York Stock Exchange. Global stocks rebounded Wednesday, Sept. 7, from the previous day's steep sell-off as investor sentiment was buoyed by a German court decision backing the country's participation in European bailouts. The Swiss franc, meanwhile, hovered around the level it was pegged at. (AP Photo/Henny Ray Abrams)AP – A broad stock rally is breaking a three-day losing streak on Wall Street.


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