World stock markets rose Friday after signs that the U.S. economic recovery is gaining traction and a rebound in China's growth emboldened investors to plunge back into equities. The Nikkei soared as the yen continued to weaken. China's economy grew 7.9 percent in the fourth quarter of 2012, up from the previous quarter's 7.4 percent. Stronger quarterly growth was widely expected after earlier data showed retail sales, factory output and other indicators rising. "Such an outcome should put to rest any remaining doubt about China escaping a hard landing and sailing smoothly through the...
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