World Stocks Hit 1 Month High

Jul 18, 2018

Reuters reports that world stocks hit a one-month high on Wednesday. This as strong company earnings and a bullish outlook from the head of the U.S. central bank buoyed the dollar.The dollar’s advance took its toll on a host of global currencies and melted gold to its lowest level in a year. Otherwise, traders’ spirits were definitely up.Morgan Stanley became the latest heavyweight U.S. bank to deliver a jump in profitsm.