KBTX | Bryan & College Station, TX | Aggieland News

Futures Rally Following Decisive Call in Europe

By: Associated Press Email
By: Associated Press Email

Stock futures are rebounding sharply after European leaders appeared to take decisive action on debt issues that have threatened to spread across the continent.

Markets had grown increasingly dubious about the ability or willingness of the European Union to take action that would avert a broadening crisis, but on Friday leaders in Brussels revealed a new plan to send EU bailout funds directly to struggling banks and to ease austerity measures on the most troubled nations.


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