Looking at the 11 world stock markets shown on my screen, today is the first time I can remember seeing them all up on the day. From Japan up 0.31% to India up 0.76%, Britain up 0.62% and Brazil up 1.45%, Canada up 0.36% and Mexico up 1.16% -- the Trump rally (what else shall we call it?) continues. Hardly being left out, shares in the US are higher as well: the Dow Industrials above 19,000, the S&P 500 above 2200, and the NASDAQ up 11 points.
The main news behind it all is that stocks are rising again, each market feeding off each other, but clearly being led by US equities. Better reports and expectations on earnings, linked with a realization that the coming administration will be more business-friendly, are providing the fuel that many think can take stocks much higher in the months ahead. Boosting things a bit more, ... Log in or subscribe to continue reading.