A ROUNDUP of trading on major world markets: NEW YORK - US stocks snapped a three-day losing streak, catalysed by stronger Chinese trade data and better sentiment on the European economy. LONDON - European stock markets rebounded to close sharply higher on encouraging Chinese trade data after Fed stimulus fears had led to exaggerated sell-offs a day earlier. London's FTSE 100 index finished the session 0.28 per cent higher on Tursday at 6,529.68 points and Frankfurt's DAX 30 added 0.70 per cent to end at 8,318.32 points. HONG KONG - Asian markets mostly bounced after sharp declines in the previous session, as China posted upbeat trade figures that bolstered the outlook for the world's second-biggest economy. Sydney gained 1.07 per cent, or 53.5 points, to 5,064.8, Seoul added 0.3 per cent, or 5.64 points, to 1,883.97 and Hong Kong climbed 0.31 per cent, or 67.04 points, to 21,655.88. WELLINGTON - The NZX 50 Index fell 6.922 points, or 0.2 per cent, to 4541.382.