Cisco Pulls Equities Out Of Trading Range; German Chancellor Merkel Assists

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[Chart courtesy of MarketWatch.com] Boosted by solid tech and housing data, US stocks rallied Thursday with the S&P 500 hitting its highest level since April even though regional manufacturing data remained mostly disappointing. Angela Merkel provided additional support to the markets after the German Chancellor said Berlin remains committed to the single currency during a trip to Canada. All the …