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Business daily

'Bernanke bounce' sends shares soaring after Fed tapering

Wall Street hit record highs after Ben Bernanke announced the Federal Reserve would reduce its stimulus programme from January, but by only $10 billion per month. That optimism also carried into the European markets in early trading on Thursday. Meanwhile, European Finance Ministers have finalised a deal which will avoid the so-called "death loop" of banks needing to be bailed out by national governments.

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