While equity investors sought bargains and some were reassured by positive earnings and stronger technology stocks, they also voiced caution.
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U.S. stocks followed Europe higher Thursday after investors ventured into risky bets with encouragement from some strong earnings and the dollar rose against the euro after remarks from Europe's Central Bank chief fueled fears about the monetary union.The Dow Jones Industrial Average rose 375.12 points, or 1.53 percent, to 24,958.54, the S&P 500 gained 47.06 points, or 1.77 percent, to 2,703.16 and the Nasdaq Composite added 196.21 points, or 2.76 percent, to 7,304.61 .The dollar index rose 0.18 percent, with the euro down 0.15 percent to $1.1374 .The Japanese yen weakened 0.28 percent versus the greenback at 112.61 per dollar, while Sterling was last trading at $1.2823, down 0.44 percent on the day.
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