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Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange March 7, 2012. (KIRILL IORDANSKY/KIRILL IORDANSKY/REUTERS)
Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange March 7, 2012. (KIRILL IORDANSKY/KIRILL IORDANSKY/REUTERS)

Stocks rebound but Greek debt in spotlight Add to ...

World stock markets cautiously rebounded Wednesday in a week that saw Europe’s debt crisis return to centre stage over concerns Greece would not attract enough investor support for a deal meant to head off a messy default.

Investors have also been concerned about global growth, especially in light of the recent rise in oil prices. But Wednesday’s modest rally seemed to indicate some are holding out hope that data from the U.S. later in the day will show the world’s largest economy continues to generate new jobs.

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