Global stocks eye new high on growth hopes, oil ebbs on COVID-19 fears
Article content LONDON — Global stocks ground higher while oil ebbed on Thursday as investors diverged over whether to bet on economic recovery in the United States and other developed markets or worry about a surge in COVID-19 cases in India and elsewhere. With vaccination rates rising and pandemic-weary citizens embracing more freedoms to drive growth in some major economies, MSCI’s broadest global gauge of stocks was up 0.3%, trading within 1% of its all-time closing high after a recent mini sell-off. We apologize, but this video has failed to load. Try refreshing your browser, or Glo...