US stocks snapped a three-day losing streak on Monday as stronger-than-expected home sales data fuelled optimism while a weaker dollar boosted commodity-linked stocks. Sales of previously owned US homes rose to their highest level in more than 2-1/2 years last month. That helped to ease concerns about the sector generated last week when another report showed housing starts fell sharply in October.
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- China March loans hit record 1.87 trillion yuan
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- Japan Prime Minister orders $100 billion economic stimulus
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