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How Greece’s debt crisis affects U.S. investors and consumers

July 3, 2011

The prospect of a resolution to the Greek debt crisis, bolstered by Greek lawmakers’ approval of a sweeping austerity plan, has buoyed investor spirits: After falling for much of the last two months, in part out of concern about Europe ‘s debt troubles, the stock market rallied each day last week, with the Dow Jones industrial average jumping 5.4% to close within 228 points of its late April high.


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