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An EU Aid Package and a Rise in Stocks

5/10/2010 10:30:00 AM

Early Monday morning in Europe The European Union announced a $962 billion aid package to help bolster the economic situation in light of the Greece financial situation. This move has proven to be the boost that the U.S. markets had been hoping for.

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The climb in the prices of stock in the morning hours have gone far in moving the market toward reclaiming ground lost in last weeks 1000 point decline.

If this upward trend continues until the close of the market, it will bode well for a very profitable week.

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