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Article updated: 12/14/2012 7:41 AM

World stocks mostly rise as Chinese output grows

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People are reflected on the electronic board of a securities firm in Tokyo Thursday.

Associated Press

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World stocks mostly swung higher Friday after a survey showed China's manufacturing production rose to a 14-month high, offsetting gloom from a sharp drop in Japanese business confidence.European markets were less upbeat after Standard & Poor's lowered its credit outlook on Britain, meaning there is a one in three chance the country could lose its top credit rating over the next year.
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