Peer 1 Hosting to buy NetBenefit for $38.5 million

NEW YORK (Reuters) – Stocks rose on Wednesday, with the Nasdaq Composite up 2 percent, on signs of urgent moves in Europe to rescue Spain’s troubled banks. The Dow Jones industrial average rose 204.84 points, or 1.69 percent, to 12,332.79. The SP 500 Index gained 22.37 points, or 1.74 percent, to 1,307.87. The Nasdaq Composite …

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