TOPWRAP 1-Japan output picks up; markets cheer "green shoots"


* Japan industrial output up first time in six months * Fed says U.S. contraction appears somewhat slower * U.S. GDP shrinks at 6.1 pct rate in Q1 * Stocks jump on hints of recovery in data * Markets shrug off rise in WHO's flu threat level (For full crisis coverage, double click on [nCRISIS]) By Leika Kihara TOKYO, April 30 (Reuters) - Japan's industrial output rose in March for the first time in six months in another sign that the global slump may be easing after the Federal ...

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