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Cautious Fed lifts stocks to record high, investors eye earnings boost

Reuters  |  SINGAPORE 

By Nichola SaminatherSINGAPORE (Reuters) - Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path and hopes of a strong earnings season lifted appetite for risk assets.European stocks are set for a flat to higher open, with spreadbetter CMC Markets expecting Germany's DAX to open little changed, Britain's FTSE 100 to start the day up 0.1 percent and France's CAC 40 to rise 0.2 percent.The MSCI World Index was almost 0.1 percent higher on Friday, just a whisker below an ...

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First Published: Fri, July 14 2017. 11:25 IST