Stocks Are Exploding Higher After This Big New Europe rumour

The rumour of the day: Germany and France are agreeing to a new rescue fund.

Upshot: Markets are booming.

Dow up nearly 200.

Look how stocks elbowed just in the last few minutes.

We’ve seen this, of course, a billion times, and over the last few weeks we’ve become used to seeing 3 O’clock hour rumours from the FT that helped juice th market. This time it’s The Guardian doing it.

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