The euro is safe for now. But Italy could still spark a crisis

Italy has averted the risk of early elections but its new government is planning a spending binge that could spark another crisis.

Dow Nasdaq S&P +219.37   +112.22   +29.35 24,635.21   7,554.33   2,734.62 +0.90%   +1.51%   +1.08% YTD -0.34%   YTD +9.43%   YTD +2.28%

Biggest Winners Nektar Therapeutics +12.56%   TripAdvisor Inc +5.89%   Advanced Micro Devices Inc +4.88%   Michael Kors Holdings Ltd +4.27% Biggest Losers Concho Resources Inc -5.90%   Cimarex Energy Co -5.20%   SCANA Corp -2.62%   Apache Corp -2.58%

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Key Market Stats Latest Today's Change Oil $65.74 -1.30 / -1.94% Gold $1,297.80 -6.90 / -0.53% 10-yr 2.90% +0.07 / +2.59% Euro $1.17 -0.00 / -0.28%

News: What you need to know about the markets     The euro is safe for now. But Italy could still spark a crisis Italy has averted the risk of early elections but its new government is planning a spending binge that could spark another crisis. Read more »   The worst may be over for Snapchat: Even a short seller likes it Snapchat has been pummeled this year. But Citron Research, run by market bear Andrew Left, is bullish on it. Read more »   Unemployment rate matches lowest point in half a century The economy added 223,000 jobs in May, better than expected. Read more »   Walmart's new startup: Text anything and get it delivered within a day The invite-only service is the big box store's latest attempt to take on Amazon. Read more »   Black unemployment rate hits a record low The unemployment rate for black Americans continues to fall. That's great news. But it's still stubbornly higher than for white Americans. Read more »   Citigroup and Deutsche Bank face 'criminal cartel' charges Citigroup and Deutsche Bank are facing criminal charges in Australia over their role in the sale of shares in ANZ, one of the country's top banks. Read more »

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