World stocks record biggest rally of the year

GLOBAL stocks staged the biggest rally of 2011 yesterday and the Dow Jones Industrial Average reached an almost three-year high amid better- than-estimated results at companies from Intel to United Technologies and L’Oreal.

Thu, 21 Apr, 2011 - 01:00

Gold jumped to a record as the dollar slid.

The MSCI World Index jumped 1.9% in New York, the biggest increase since December 1, and emerging-market shares rallied the most in 10 months.

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CourtsPlace: GLOBALPlace: New YorkPlace: USPlace: South KoreaPlace: PhiladelphiaPlace: EuropePerson: Mark LuschiniPerson: Janney Montgomery ScottOrganisation: IntelOrganisation: United TechnologiesOrganisation: L’OrealOrganisation: US TreasuryOrganisation: LG Chem LtdOrganisation: S&POrganisation: YahooOrganisation: AppleOrganisation: Pratt & WhitneyOrganisation: Bloomberg NewsOrganisation: National Association of RealtorsOrganisation: StoxxOrganisation: STMicroelectronics
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