Thursday, May 27, 2010

U.S. Stocks Rally on Chinese Support for Europe, Energy

May 27 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. U.S. stocks surged, with the Dow Jones Industrial Average rebounding above 10,000, as China's commitment to investing in Europe allayed concern the debt crisis will worsen. Energy shares rallied as BP Plc temporarily stopped the flow of oil from a Gulf of Mexico leak. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

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