Euro, Italian Bonds Gain on ECB Purchases; U.S. Stocks Retreat

Nov. 17 (Bloomberg) -- The euro rose after the European Central Bank bought Italian debt as part of efforts to halt the debt crisis, while U.S. stocks dropped as higher French and Spanish borrowing costs spurred concern about contagion. The euro increased 0.4 percent to $1.3519 at 12:01 p.m. New ...

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