Markets improve on bailout hopes

• Story Highlights
• Markets stabilize in Europe, Asia ralllies on U.S. bailout hopes
  
• UK FTSE up 1.71 percent; financial stocks pose double digit increases
  
• Japanese Nikkei up 0.96 percent; Australia S&P/ASX-200 up 4.22 percent
  
• U.S. Senate expected to vote Wednesday on revised $700 billion bailout plan
  
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