Thu, 26 Jul 2012 20:24:38 GMT
European markets soared on Draghi's promises
On Thursday, July 26, European
markets pushed higher after ending a four-day drop, as Mario Draghi pledged to
support the shared currency. The Stoxx Europe 600 Index rocketed 2.5 per cent
to 256.58, the Spanish IBEX 35 index soared 6.1 per cent to 6,368.80, while
Italy's FTSE MIB Index jumped 5.6% to 13,210.04. The pressure at the Italian
and Spanish bonds came off, as the