Thursday, October 27, 2011 3:22:18 PM NEWS ALERT News Alert: Dow surges more than 3 percent after Europe debt deal, upbeat report on U.S. economy Stocks soared Thursday afternoon after European leaders agreed on a deal to slash Greece's debt load and prevent the debt crisis there from engulfing larger countries like Italy. Stronger U.S. economic growth and corporate earnings also drove markets higher. The Dow Jones industrial average shot up 372 points, or 3.14 percent, while the broader S&P 500 index rose 46 points, or 3.69 percent. The tech-heavy Nasdaq gained about 95 points, or 3.6 percent. Read more at: http://www.washingtonpost.com/business/economy/us-economy-grows-nearly-twice-as-fast-in-3rd-quarter/2011/10/27/gIQANfoyLM_story.html Or visit washingtonpost.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy