World stock index at highest in over 5 months on NAFTA hopes

By Trevor HunnicuttNEW YORK (Reuters) - An index of major world stock markets rose to its highest level in more than five months on Monday following signs of progress on a U.S.-Mexico trade deal and reassuring comments from the U.S.

Federal Reserve chief.MSCI's gauge of stocks in 47 countries across the globe gained 0.91 percent, helped by gains in developed markets from the United States to Europe and Asia. The broad index was at its highest level since March 15.The benchmark S&P 500 and the Nasdaq indexes hit a record, bond prices fell and.....

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