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NEW YORK (MarketWatch) — U.S. stocks in the days ahead will seek to recover from a bashing that had the Dow industrials down for a third week in the past four and joining other benchmarks in negative turf for 2011.
SYDNEY (MarketWatch) — Asian shares jumped on Monday, as investors reacted to reports of some positive developments in the European debt crisis.
Europe has served as a main source of that uncertainty and, over the weekend, reports emerged that the International Monetary Fund may provide financial support for Italy, which saw its government bond yields surge again on Friday. Bond yields move inversely to prices.