World stocks near record high on strong US corporate earnings
For both the MSCI world index and the S&P 500, analysts expect earnings in the next 12 months to recover to above pre-pandemic levels
30 April 2021 - 11:24
London — World stocks are holding near a record high and the euro is on course for its best month in nine as strong US data and corporate earnings plus the US Federal Reserve’s commitment to support the economy has fueled investors’ appetite for risk.
MSCI’s broadest gauge of world stocks covering 50 markets dipped 0.1% but remained close to a record peak touched the previous day, up 5% on the month...
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