{"id":320333,"date":"2020-12-30T13:07:27","date_gmt":"2020-12-30T13:07:27","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=320333"},"modified":"2021-01-02T08:58:57","modified_gmt":"2021-01-02T08:58:57","slug":"world-stocks-rise-into-year-end-on-2021-recovery-hopes","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2020\/12\/30\/world-stocks-rise-into-year-end-on-2021-recovery-hopes\/","title":{"rendered":"World stocks rise into year-end on 2021 recovery hopes"},"content":{"rendered":"<p>Wall Street was set to open higher and world stocks edged towards recent record highs on Wednesday, with investor hopes of a strong economic recovery next year also pushing the safe-haven dollar to its lowest since April 2018.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">Europe\u2019s main markets were heading for a sixth straight session of gains as AstraZeneca and Oxford University\u2019s coronavirus vaccine became the second to be approved by Britain, helping the FTSE 100 add 0.1%, though it stuck below the previous day\u2019s nine-month highs.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">S&amp;P 500 futures rose 0.34% after U.S. stocks had retreated from an intraday record high on Tuesday.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">MSCI\u2019s world stocks index rose 0.25% to within touching distance of the record highs it had set on Tuesday.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">The index is up 14% this year and nearly 70% from its March lows, boosted by trillions of dollars in global economic stimulus and expectations that coronavirus vaccines will re-open locked-down economies.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">MSCI\u2019s gauge of Asia-Pacific shares excluding Japan rose 1.4% to a record high, led by gains in Chinese shares and bringing its gains this year to 19%.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">Japan\u2019s Nikkei share average lost 0.45%, however, on its last trading day of 2020 after jumping to a 30-year high on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street was set to open higher and world stocks edged towards recent record highs on Wednesday, with investor hopes of a strong economic recovery next year also pushing the safe-haven dollar to its lowest since April 2018.<\/p>\n","protected":false},"author":4,"featured_media":319727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[151],"class_list":["post-320333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-markets","tag-global-stocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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