New York — Global equities rose on Monday as confidence over economic growth around the world helped investors brush off concerns about the collapse of government talks in Germany, which sent the euro lower against the US dollar. In the latest indication of global economic expansion, the German central bank said the national economy is expanding into the end of the year on strong industrial activity and firms are struggling to find workers to satisfy orders. Adding to the global growth story, the Conference Board’s leading economic index for the US rose 1.2% in October, or double the rate economists polled by Reuters had expected. Investors shrugged off the political impasse in Germany while the US leading economic indicators are further evidence of fairly strong economic data and an economy that is still gaining traction, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston. A tug of war among investors over how to view tax reform efforts in the...
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