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Global markets' longest winning run in 14 yrs threatened as Nikkei dips 2%

MSCI's all-country equity index is clocking year-to-date gains of almost 19%

Reuters  |  London 

Another impressive record for world stocks was hanging in the balance on Thursday, as a late blow-out in Japan and a subdued start in Europe threatened to spoil the longest winning streak for MSCI's global index since 2003. Japan's Nikkei saw a 2 per cent swing down after hitting its highest since 1992 and most of Europe's main bourses drifted in and out of the red after mixed earnings and as Brexit talks resumed with low expectations in Brussels. There were a series of ECB speeches and what should be buoyant new growth forecasts due later from the European ...

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First Published: Thu, November 09 2017. 16:33 IST
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