European stocks surge; Nokia stars, SocGen ignored Thu Jan 24, 2008 8:00am EST By Sitaraman Shankar LONDON, Jan 24 (Reuters) - European stocks surged 4.5 percent on Thursday as hopes of a bailout for bond insurers and surging Nokia (NOK1V.HE: Quote, Profile, Research) stock helped investors shrug off Societe Generale's (SOGN.PA: Quote, Profile, Research) disclosure of a huge fraud.
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