Stocks surge to record highs on hopes virus is peaking, gold ebbs
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NEW YORK (Reuters) - Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand.China's foremost medical adviser on the outbreak told Reuters the number of new cases were falling in parts and forecast the epidemic would peak this month, but the World Health Organization still feared a "very grave" global threat.Gold..