Global overview: Equities soar on US growth hopes
By Dave Shellock
Published: June 1 2007 17:22 Last updated: June 1 2007 21:26
Investors rediscovered their appetite for risk this week as mounting optimism about the prospects for the US economy helped drive world equity markets to fresh highs and send government bonds tumbling.
Even a sharp sell-off for Chinese stocks failed to provoke more than a fleeting wobble as a series of robust economic reports encouraged hopes that the US was heading for a soft landing.
Source : www.ft.com
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