This is the news report that rallied US stocks this afternoon.
And we might suspect that this is the root cause for the major bear raid on gold that occurred earlier today.
The Guardian UK
France and Germany Agree to €2 Trillion Euro Rescue Fund
By David Gow in Brussels
France and Germany have reached agreement to boost the eurozone's rescue fund to €2tn (£1.75tn) as part of a "comprehensive plan" to resolve the sovereign debt crisis, which this weekend's summit should endorse, EU diplomats said."
After the bell Yahoo and Intel both showed positive results with Intel increasing its stock buybacks.
Waiting for Apple.
Update: Apple missed! The shortfall was in iPhone shipment and iPads/iPods.
But they then RAISED their forecast for next quarter. This could be a sales effect, shifting
buying from this quarter to next based on buyers waiting for new models.
