Markets Are On A Major Tear

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Photo: Erik Charlton / Flickr

BIG rally happening in Europe, especially in Spain where the benchmark IBEX 35 index is up 1.3%.Elsewhere the gains are a tad cooler. Italy is rallying 0.6%. Germany is up 0.6% as well.

The move comes after a major rally in the US yesterday, and a 1.44% gain in Japan.

A new report about Spain possibly requesting a bailout seems to be what’s getting folks excited.

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