19-04-2016 17:30 via news.yahoo.com

Global stocks, oil rise; demand for risky assets up

By Caroline Valetkevitch NEW YORK (Reuters) - Major world stock markets rose on Tuesday as the bounce in oil prices helped the energy sector, following signs of economic stabilization in China, increasing demand for riskier assets. The rise in oil prices, largely driven by a workers' strike that nearly halved output from Kuwait, drove the Australian dollar to a 10-month high and boosted the currencies of other countries dependant on commodities. The Dow Jones industrial average was up 0.44 perce
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