NEW YORK: Stocks kicked off the second half by building on a record-breaking rally as expectations grow that the US economy will withstand uncertainties from President Donald Trump’s tariff agenda.
The MSCI All Country World Index, which closed at a record on Monday July 1), gained for a fourth day. Equity gauges in Taiwan and South Korea led advances in Asia, while contracts for the S&P 500 were flat after the benchmark notched its best quarter since December 2023.
