Article 5BSEX Markets at record highs amid rising optimism of a pandemic recovery

Markets at record highs amid rising optimism of a pandemic recovery

by
Richard Partington and Graeme Wearden
from US news | The Guardian on (#5BSEX)

Investors bet Covid vaccines and stimulus measures will propel economy forward in 2021

Global stock markets have hit record highs amid rising optimism that Covid-19 vaccines and stimulus measures can turbocharge economic recovery from the second wave of the pandemic.

The MSCI World Index, which tracks stocks across the developed world, reached a new high of 639.33 on Thursday. The index has climbed 16% since the start of November when multiple vaccine breakthroughs were first announced.

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