Stocks turn higher as Berlusconi promises to leave (AP)

By admin on November 8th, 2011

In this Nov. 7, 21011 photo, trader Anthony Cerar, right, works on the floor of the New York Stock Exchange. Stock markets advanced Tuesday, NOv. 8, 2011, in the run-up to an Italian parliamentary vote that could determine whether Silvio Berlusconi remains the country's premier — and if Rome is able to rein in its debts. (AP Photo/Richard Drew)AP – Stocks turned higher Tuesday once investors got the news they had been hoping for: Italian Prime Minister Silvio Berlusconi would resign once a new budget was passed. The Dow Jones industrial rose 88 points in afternoon trading.


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