MSCI's gauge of stocks across the globe gained 1.10% following broad advances in Europe and Asia. The index remains down about 8.5% for the year to date. On Wall Street, the Dow Jones Industrial Average rose 267.63 points, or 1.05%, to 25,742.65; the S&P 500 gained 25.09 points, or 0.82%, to 3,080.82; and the Nasdaq Composite added 56.33 points, or 0.59%, to 9,608.38.
NEW YORK: World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs of a global economic recovery from the coronavirus pandemic offset concerns over the worst civil unrest in the United States in decades.
Despite those gains, investors were hesitant to move away from the perceived safety of U.S. government bonds, which edged lower but remained near record highs.
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