These periphery-driven panics in Europe aren't what they used to be. Stocks across the pond show...

|By:, SA News Editor

These periphery-driven panics in Europe aren't what they used to be. Stocks across the pond show a little bit of green at the close, rebounding from big early losses triggered by Monti's decision to give up the PM role in Italy. Stoxx 50 -0.1%, led by Italy -2.1%, but Germany, France, and the U.K. close higher. The euro, which never really reacted to the Monti news, is flat at $1.2927.