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World markets surge on U.S. housing data

  • Story Highlights
  • Asian and European markets rise as investors return from Easter holiday
  • Mood is buoyed by encouraging U.S. housing data and a rally on Wall Street
  • Hong Kong's Hang Seng index jumps 6.4 percent
  • UK's FTSE 100 rose 3.2 percent, while Germany's DAX gained 3 percent
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