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Global Markets Update: Monti Says Italy Not Greece

11:28 AM ET Thu, 29 Dec 2011

European shares gain after Italian bond auctions and upbeat economic data in the U.S., with CNBC's Michelle Caruso-Cabrera, Bob Pisani & Rick Santelli; Michelle Meyer, BofA Merrill Lynch Global Research; and James Koutoulas, Typhon Capital Management CEO.