There are some headlines from Merkel about Germany being ready to back the use of “euro-area instruments.”
We’re not sure what that means, but markets are loving more noise about integration.
All European markets shooting up like crazy.
Here’s an intraday look at Italy.
Beyond that, bund yields are shooting up and the euro is rallying.
Meanwhile, the Dow just opened and its heading for another big day, with the index up 131.