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Stocks surge after three-day rout

September 07, 2011

Stocks rallied right out of the gate and picked up steam through the day to end sharply higher Wednesday. The renewed optimism came on the back of solid gains in stock markets around the world, after a German court ruling rejected lawsuits intended to block Germany's involvement in providing other eurozone members with bailout packages. "The court ruling confirms [German Chancellor] Angela Merkel's ability to help bail out Europe's troubled areas, and that provides a great amount of confidence that we will see some sort of solution in Europe soon enough," said Brian Battle, director with Performance Trust Capital Partners.

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