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U.S. stocks rose, giving the Standard & Poor’s 500 Index the biggest three-day gain since August, as the Europe took steps to control the region’s debt crisis.
Dow 11,029.14 +89.19 +0.82%, Nasdaq 2,491 +30.95 +1.26%, S&P 500 1,155.79 +11.76 +1.03%
Financial shares rose the most among 10 groups in the S&P 500. Bank of America Corp. and JPMorgan Chase & Co. added at least 3 percent. Alcoa Inc., the largest U.S. aluminum producer, climbed 6.6 percent as commodities jumped. Target Corp. rose 4.5 percent as sales beat estimates. Yahoo! Inc. tumbled 4.6 percent as people familiar with the matter said Microsoft Corp. isn’t close to making an offer for the company.
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