SYDNEY (Reuters) - Global stocks eyed a fresh record high on Monday as signs of economic recovery in China and Japan, recent strong corporate earnings and hopes of a COVID-19 vaccine bolstered investor sentiment.
The MSCI World Index of global shares rose 0.4% to 608.98 points, just shy of the record high hit briefly earlier in the month, helped by strong overnight gains in Asia's leading markets and a stronger open for most European bourses.
MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000US) hit its highest level since launching in 1987 as Japan pulled out of recession, China posted better-than-expected industrial output data and the region signed the largest ever trade deal.
Taking their lead, European indices also rose with Britain's FTSE 100 (FTSE) and the pan-Europe STOXX Europe 600 (STOXX) both up around 0.7%.
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