World shares hit new peaks on interest rate hopes as oil jumps after cyberattack
MSCI’s gauge of global stocks hits a fresh record high on gains across Asian markets and a steady open in Europe
10 May 2021 - 11:08
Milan — World stocks ticked up to new peaks on Monday on bets interest rates will remain low and the economy continue its recovery, while oil prices jumped after a cyberattack on a US pipeline operator unnerved markets.
MSCI’s gauge of global stocks hit a fresh record high and was up 0.1% by 9.40am, driven by gains across Asian markets overnight and a steady open in Europe...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.