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Talk of Spain solution boosts Wall Street

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NEW YORK (Reuters) – Stocks rose on Wednesday as signs of urgent moves in Europe to rescue Spain’s troubled banks sparked a rebound in beaten-down shares, pushing the broad S&P 500 index through a key support level. European sources said Germany and European Union officials sought solutions for Spain’s weakened banks, the latest worry in the fiscally troubled euro zone, although Madrid has not yet requested assistance and is resisting political conditions. . . .

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