Economic news

Review: World stocks scale fresh high as Spanish political risks ease

World stocks reached a fresh record peak on Monday, supported by firm global technology stocks, while European trading shrugged off concerns over Catalan crisis.

MSCI’s world equity index increased 0.2 percent to its highest ever level. The index has climbed 17.7 percent so far in 2017, and is on course for its best annual results since 2013.

Euro zone stocks inched up 0.2 percent, holding near their top in a decade.

Spanish stocks leaped 1.4 percent.

France's CAC 40 slipped 0.1% to 5,489.95 in early trading.

Germany's DAX ticked up 4 points to 13,221.10.

U.K.'s FTSE 100 slumped 0.2% to 7,488.53.


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