An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR
The MSCI gauge of world stocks climbed to its highest levels since September 17 while US stock futures gained in early London trading. European stocks advanced 0.3%. Bond markets welcomed the data where yields on 10-year U.S. Treasury notes fell almost 6 basis points from Monday’s high while the US dollar weakened broadly against its rivals to a three-week low.
Analysts said the Wall Street rally overnight, in which Apple, Facebook and Microsoft all rose, was behind a strong performance in stock markets.