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World markets rise on higher hopes

China Daily | Updated: 2009-05-20 08:13

World markets rise on higher hopes

A worker staples a home wrap on a home under construction in West Des Moines, Iowa. The National Association of Home Builders said its housing market index increased for the second month in a row in May. AP

European, Asian and US stocks and US futures rose as falling bank lending rates and a bigger-than-forecast increase in German investor confidence added to speculation the worst of the economic slump may be over.

World markets rise on higher hopes

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