(Reuters) - The euro jumped nearly 2 percent, oil prices surged and world stocks rallied on Friday after euro zone leaders agreed on measures to cut soaring borrowing costs in Italy and Spain, in addition to directly recapitalizing regional banks.
The rebound was a mildly encouraging finish to a miserable second quarter for investors, when stocks gave back most of their first-quarter gains, the euro hit a near-two-year low and oil dropped below $100.
Source: http://in.reuters.com/article/2012/06/29/us-markets-global-idINBRE8520GN2012062909200009266
