Wall Street ends up 1 percent as IMF offers Europe hope
NEW YORK - Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits. | Video
Recent Business News
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Analysis: BlackBerry licensing seen RIM's likeliest scenario
TORONTO - Research In Motion may still see software licensing as an important part of its turnaround plan, even though Samsung has denied that it might pay to use the BlackBerry maker's technology or even buy the company.
Wall Street stars exit as firms, pay shrink
- As Wall Street banks sharply cut costs, many of the industry's star bankers and traders are leaving their shrinking pay packages and firms behind.
UK wants no "interference" in megabourse ruling
LONDON - Britain urged European Union competition officials on Wednesday to reject "political interference" and "vested interests" when ruling on plans to create the world's biggest exchange operator.
Morgan Stanley drops GM as top pick in U.S. autos
- Morgan Stanley removed General Motors Co as its top pick of U.S. auto stocks on Wednesday, expressing doubts the No. 1 U.S. automaker had the "political will" to overhaul its European operations.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,578.95 |  +96.88 |
+0.78% |
| S&P 500 | 1,308.04 | +14.37 |
+1.11% |
| NASDAQ | 2,769.71 | +41.63 |
+1.53% |
| TR US Index | 118.86 | +1.38 |
+1.18% |
Sector Summary
| Energy | +1.36% |
| Basic Materials | +1.05% |
| Industrials | +0.93% |
| Cyclical Goods & Services | +1.23% |
| Non-Cyclical Goods & Services | +0.20% |
| Financials | +1.15% |
| Healthcare | +0.63% |
| Technology | +1.60% |
| Telecoms | +0.22% |
| Utilities |  -0.09% |
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