Global stocks rise close to all-time highs
World stockmarkets hovered close to all-time highs yesterday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite for risk, write
Continental European shares jumped up to 0.4%, hitting their highest levels since August 2015, before easing slightly, but London’s Ftse-100 ended slightly lower. A surprise dip in German industrial orders appeared unlikely to dent growing confidence in the eurozone’s biggest economy.
