NEW YORK: World stock markets closed at new highs on Wednesday as investors looked beyond weak economic data that weighed on the dollar to focus on the likely continuation of massive central bank stimulus measures.
MSCI's all-country world index climbed to its fourth straight closing high, while the Nasdaq Composite hit a fresh record close. The Euro STOXX 600 came close to breaching an all-time peak set three weeks ago and the S&P 500 almost reached a new intraday high.
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