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Global stocks rise on economic rebound optimism

Global stocks climbed to their highest levels in three months as optimism about a speedy economic recovery eclipsed geopolitical risks.

The S&P 500 was up 0.3 per cent at lunchtime in New York, keeping the US benchmark within 10 per cent of its all-time high. The tech-heavy Nasdaq Composite drifted between losses and gains, 3 per cent shy of its record struck in February.

Better-than-feared manufacturing data from China helped provide a distraction to the violence rippling across the US.

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