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rader Thomas Kay, left, works on the floor of the New York Stock Exchange Thursday, May 23, 2013. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Stocks surged in early trading following a three-day weekend after U.S. home prices rose the most in seven years.

Home prices in the U.S. rose 10.9 percent in March, the most since April 2006, according to the Standard & Poor’s/Case-Shiller home price index. Home builder stocks rose following the report.

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