European Central Bank: NEW Reuters European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank s plan for massive regional economic stimuli that also knocked the euro to fresh 11-year lows, according to Euro News. The euro went into another nose-dive and crashed through $1.13 and $1.12, hitting a low of $1.1115 in its biggest daily fall in over three years. The euro did recover some and was last off 1.25 percent at $1.1221 and By Michael Connor Wall Street fell on soft corporate earnings news after the S P 500 had rallied 1.5 percent on Thursday s $1 trillion bond-buying announcement from the European Central Bank.
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