Wall Street Week Ahead: Can EU deal lift stocks for more than a day?

by Blog Burger on June 30, 2012

Trader works on floor of the New York Stock ExchangeNEW YORK (Reuters) – Stocks finished the first half of the year with a bang as investors welcomed news that the euro zone is a step closer to solving its 30-month-long debt crisis. Now for the question: Is this rally strong enough to last for more than a day? The S&P 500 and the Nasdaq posted their best daily percentage gains since December on Friday after an agreement by European leaders to stabilize the region's troubled banks, a pact that helped remove some of the uncertainty that has plagued markets. "That is the major question. …

Business News Headlines – Yahoo! News

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