You are here: Home » International » News » Markets
Business Standard

World stocks hit record on upbeat growth data; oil at highest since 2015

US West Texas Intermediate crude futures rose to as high as $62.17 per barrel, up 0.9% for the day and their highest level since mid-2015

Reuters  |  London 

Market bulls resumed their charge on Thursday as strong data from the world's biggest economies sent stock index records tumbling and oil prices to their highest since mid-2015. In an apparent acceleration of last year's global equity boom, MSCI's world stocks index and London's FTSE both set records as Europe opened. Tokyo's Nikkei — Asia's biggest market — earlier shot to its highest since 1991 with a 3.3 per cent surge. Asia-Pacific excluding Japan also scaled a decade-high peak as a fifth day of gains in China helped emerging market stocks ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, January 04 2018. 17:26 IST