Stocks rebound from China slump, strong U.S. data helps

By Sinead Carew NEW YORK (Reuters) - Stock around the world rallied on Thursday, shaking off a slump related to China growth fears, as strong U.S. economic data boosted investor sentiment and crude oil rebounded sharply. All three major U.S. indexes were up less than 1 percent in afternoon trade, trimming earlier gains, following share rebounds in China and Europe. The data came after New York Fed President William Dudley had said Wednesday that arguments for a September rate increase "seem less