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Global stocks finish at record highs, oil prices climb for fifth week

Read more about Global stocks finish at record highs, oil prices climb for fifth week on Business Standard. WASHINGTON/LONDON (Reuters) -Wall Street notched broad gains on Friday, with the S&P 500 index closing at a record and global shares also finished at an all-time high, while oil prices rose for a fifth straight week. ....

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Global stocks hit record high, India takes breather; ICICI Bank falls 1.8%


Global stocks hit a record high again on Tuesday as the markets shrugged off concerns about rising inflation and looked ahead to US data later in the week that should offer a major clue to the health of the world s biggest economy.
The MSCI World Equity index rose 2.4 points, or 0.34 per cent, to 713.85, marking a new record high.
Risk markets have eked out gains in recent weeks as traders balance optimism that some key markets are reopening after lockdowns with concern that rising inflation may prompt central banks to rein in stimulus programmes.
Nifty and Sensex slip
Indian shares recent rally was stalled on Tuesday, as gains in energy stocks, amid optimism from declining daily cases of Covid-19, were offset by losses in materials and financials. ....

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