By The Associated Press DAVID K. RANDALL (AP Business Writers), MATTHEW CRAFT (AP Business Writers)
Quick Read Stocks close higher after Italy's Berlusconi says he will resign following passage of budget
Photo credit: AP | In this Nov. 7, 21011 photo, trader Anthony Cerar, right, works on the floor of the New York Stock Exchange . Stock markets advanced Tuesday, NOv. 8, 2011, in the run-up to an Italian parliamentary vote that could determine whether Silvio Berlusconi remains the country's premier _ and if Rome is able to rein in its debts. (AP Photo/Richard Drew)
(AP) -- Stocks turned higher Tuesday once investors got the news they had been hoping for: Italian Prime Minister Silvio Berlusconi promised to resign once a new budget was passed. The Dow Jones industrial average closed up 101 points.
Italy became a key focus for investors this week after doubts emerged that the country would go through with a tough package of austerity measures. Many investors...
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