Stocks rise on US housing revival

Good news about the US economy helped Asian stock markets rise today, although lingering fears about Europe’s ability to tame its debt turmoil kept gains in check.

Stocks rise on US housing revival

Good news about the US economy helped Asian stock markets rise today, although lingering fears about Europe’s ability to tame its debt turmoil kept gains in check.

US government figures showed that durable goods orders rose by 1.1% in May after two months of declines.

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