Global stocks rally to record highs; gold gains


MSCI's all-country world index and Wall Street's Dow Industrials, the benchmark S&P 500 and the technology-rich Nasdaq all closed at record highs.

NEW YORK: A gauge of global equity markets and Wall Street's three major indices finished at all-time highs on Thursday in light holiday trade as a year-end rally advanced further on optimism over a U.S.-China trade agreement.

Oil rose to three-month highs, buoyed by a report showing lower U.S. crude inventories, hopes the pending Sino-U.S. trade deal will soon be signed and efforts by the Organization of the Petroleum Exporting Countries (OPEC) to curb crude supply.

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stocks , shares , markets , Wall Street , Dow Jones , Nasdaq , S&P , China , US , trade , economy , oil , agreement ,

   

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