Investors bet Covid vaccines and stimulus measures will propel economy forward in 2021
Global stock markets have hit record highs amid rising optimism that Covid-19 vaccines and stimulus measures can turbocharge economic recovery from the second wave of the pandemic.
The MSCI World Index, which tracks stocks across the developed world, reached a new high of 639.33 on Thursday. The index has climbed 16% since the start of November when multiple vaccine breakthroughs were first announced.
