Global stocks hit record high on strong US and China data
The MSCI all-country world index was up 0.1% and the FTSE 100 broke through 7,000 points for the first time in more than a year
16 April 2021 - 11:23
London/Tokyo — Global stocks hit a record high on Friday and oil climbed after strong US and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus-induced slump.
Government stimulus, a string of strong corporate earnings releases and the signs of economic recovery in countries ahead in the Covid-19 vaccination race have all helped push stock markets to new heights in recent days...
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