Market recap: Stocks logged their best gains in two weeks as a Spanish budget plan eased...

|By:, SA News Editor
Market recap: Stocks logged their best gains in two weeks as a Spanish budget plan eased European debt fears and China moved to add liquidity to its banking system. Investors ignored a plunge in durable goods orders and downwardly revised Q2 GDP growth. Crude oil rebounded 2.2%; Treasurys fell as an auction of seven-year notes posted the second-lowest yield ever. NYSE gainers led losers three to one.