That Cerberus was able to garner support from the three unions represented on the DaimlerChrylser board -- the Canadian Auto Worker's Union, Germany's IG Metall, and the UAW -- is a marked achievement.
To be sure, the weak state of the euro-zone economy and the lingering debt crisis in southern Europe may still derail the stock-market recovery, said Jerome Vinerier, a Brussels-based market analyst at IG Markets.