Stock markets rise after US boost

Asian stock markets edged up today as rising home prices in the US eased jitters over the robustness of the world’s leading economy.

Stock markets rise after US boost
Wed, 27 Jun, 2012 - 08:31

Asian stock markets edged up today as rising home prices in the US eased jitters over the robustness of the world’s leading economy.

A report showing that US home prices rose 1.3% in April, indicating an upturn in a sector closely tied to the health of the overall economy, helped send Wall Street higher yesterday.

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