UPDATE:
Stocks continue to roar higher. The Dow's now up 200 points.
EARLIER:
Markets are surging this morning after a Spanish sovereign debt auction that wasn't a total disaster.
The Dow is up 170 points, or 1.3 percent.
The Nasdaq is outperforming with a 1.5 percent gain. Yesterday, the sell-off in Apple and Google caused the tech-heavy index to underperform.
The IMF announced that it boosted its estimate for global GDP growth to 3.5 percent from 3.3 percent.
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