Market recap: Stocks zoomed higher and closed at session highs after China reassured investors...

|By:, SA News Editor
Market recap: Stocks zoomed higher and closed at session highs after China reassured investors that it doesn't plan to sell its massive holdings of European debt. Advancers outnumbered decliners more than seven to one on heavy volume. The euro rose to $1.2359; crude oil spiked 4.4% to $74.70.