Global Markets Update: Monti's 'Save Italy Decree' Passed

11:28 AM ET Thu, 22 Dec 2011

Markets are mostly up in Europe at the close, although weak U.S. GDP data tempers gains. Banks are among the best performers. Mario Monti's "Save Italy Decree" wins passage. UK third quarter economic growth was faster than expected. German tech company Billsafe is bought by eBay. And Hungary's credit rating is downgraded to junk status by S&P. With J.J. Kinahan, TD Ameritrade.