(Bloomberg) — Global stocks climbed back within 1% of an all-time high, and bond yields rose, on optimism the global economy will weather the hit from the coronavirus, sentiment that was strengthened Thursday by China’s plans for tariff cuts on U.S. imports.An MSCI Inc. index of world stocks headed for a fourth straight day of gains, with Asian benchmarks including Japan, Hong Kong, South Korea and Australia up 2% or more. U.S. and European futures climbed. The yuan extended gains after China said it will lower levies on $75 billion of U.S. goods next week. Oil climbed above $52 a …read more
Source:: Yahoo Finance
