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Somewhat Reassured About Greece, Wall Street Rises

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Wall Street shares moved beyond an early wave of pessimism on Thursday as investors grew more confident that the simmering debt crisis in Europe would be resolved.

A morning of timid trading had turned into a lively rally by afternoon, as European leaders reiterated a pledge to pre-empt financial disaster in Greece and across Europe.

Full story: Somewhat Reassured About Greece, Wall Street Rises – NYTimes.com