US stocks recover as Japan nuclear fears subside

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The Dow Jones posted strong gains in early trading on Thursday as a cooling operation at the tsunami-hit Fukushima Daiichi nuclear plant eased investor fears.

After falling 3.6% since Friday's close and following three straight sessions of losses, the index advanced more than 150 points, or 1.3%, to 11,766. Elsewhere, the Nasdaq Composite gained 1.3% to 2,652 while the S&P 500, boosted by the industrial and energy sectors, added 1.5% to 1,276. European markets continued to rebound strongly with the FTSE up 1.4% to 5,677, the French Cac up 1.8% to 3,763 and the German Dax advancing more than 2.% to 6,650. In London, miners led the gains with Kazakhmys, Xstrata and BHP Billiton all up on strengthening metal prices. Meanwhile, the yen pu...

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