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World stocks hit all-time high, tops Jan 2018 level

Published 12/12/2019, 10:44 PM
Updated 12/12/2019, 10:48 PM
World stocks hit all-time high, tops Jan 2018 level
MIWD00000PUS
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LONDON, Dec 12 (Reuters) - World stocks hit a record high on
Thursday, passing an all-time peak set in early 2018, on
investor enthusiasm the United States and China were close to an
initial deal to defuse a prolonged trade war.
Shares moved sharply higher after U.S. President Donald
Trump said in a tweet that the two countries were "getting VERY
close to a BIG DEAL."
The MSCI all-country world index .MIWD00000PUS , which
tracks shares in 49 countries, climbed to 551.84 points to
surpass the previous record of 550.63 points set on Jan. 29,
2018.
The index has risen more than 20% this year, helped as well
by a lowering of interest rates and injections of government
stimulus around the world.

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World stocks have surged $10 trillion on way back to record high
https://tmsnrt.rs/2smXJXD
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