Hopes of progress against virus lift stocks; dollar falls
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NEW YORK (Reuters) - World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk.Oil prices made a sharp turnaround as hopes of a deal to decrease supply turned into uncertainty, while the euro jumped against the greenback after six sessions of declines. New York state, the U.S. epicenter of COVID-19, is nearing a plateau in number of patients hospitalized, Governor..