Stocks rise on Greek bailout hopes; euro dips

by admin on Wednesday, February 10th, 2010 | No Comments

LONDON (Reuters) – World stocks rose on Wednesday and Greece’s borrowing costs fell on the prospects of a Greek bailout, while safe-haven German government bond prices dipped and the euro eased after the previous session’s hefty gains. Oil prices fell after data showed a generous build in U.S. inventories but gold prices were flat, taking a pause from Tuesday’s rise.