World stocks up after Greece drops referendum plan

Specialist James Ahrens, left, and traders Jonathan Corpina and William Sachs work on the floor of the New York Stock Exchange Thursday, Nov. 3, 2011. Stocks rose in early trading Thursday as hopes grow that a plan to tackle the European debt crisis will survive. (AP Photo/Richard Drew)

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BANGKOK (AP) — World stock markets rose Friday amid relief Greece’s prime minister had abandoned a referendum on the country’s bailout but gains in Europe were muted ahead of monthly U.S. employment figures.

Oil prices rose above

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