European stocks rallied and borrowing rates for Spain and Italy slid Thursday as markets hailed exceptional bond-buying measures from the European Central Bank aimed at fighting the debt crisis. In ... more 

European stocks rallied and borrowing rates for Spain and Italy slid Thursday as markets hailed exceptional bond-buying measures from the European Central Bank aimed at fighting the debt crisis. In foreign exchange deals, the euro slid lower to $1.2575 from $1.2600 late in New York on Wednesday less