BREAKING NEWS: Wall Street Posts Comeback Rally; Dow Jumps 178

Wall Street charged higher on Wednesday as traders reacted to a deluge of economic news and developments on Europe's sovereign debt crisis, but the rally only put a relatively small dent in the heavy losses sustained earlier in the week. The Dow rallied 178 points, or 1.5%, while the broad S&P 500 zoomed 19.6 points, or 1.6%, to the upside.

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