World stocks head for 6th week of gains
Friday, April 17, 2009 : PermalinkReuters – World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region’s prospects.
MSCI‘s main world stock index was flat despite modest gains in Europe and a rebound in Japan. But the index was up 1.6 percent on the week, gaining around 28 percent since a March 9 low.
U.S. financial services firm State Street said evidence was building that big investors were buying into the rally, particularly in U.S. and emerging market stocks.
Tags: emerging market stocks, europe, financial services firm, investors, japan, prospects, rally, rebound, reuters world, stock index, world stocks, world-stock, worries
trackback from your site.
