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World stocks enjoy best start to year since 2010; oil prices pause

Wall Street last week posted its best start to a year in more than a decade

Reuters  |  London 

World stock markets hovered close to all-time highs on Monday 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. European stocks opened higher, hitting their highest levels since August 2015, while Asian markets inched towards all-time peaks. Wall Street last week posted its best start to a year in more than a decade; Friday's US jobs report, while weaker than expected, encouraged hopes that brisk growth and low inflation can be sustained this ...

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First Published: Mon, January 08 2018. 16:48 IST
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