World stocks set for 4th month of gains in data-heavy week – Reuters
World equities are set to post a fourth consecutive month of gains on Monday, while the dollar remains under pressure ahead of a slew of European and U.S. data that will confirm whether the global economy is on a steady recovery path.
MSCI’s broadest index of world stocks (.MIWD00000PUS) drifted 0.1% higher, putting the gauge on track for a 1.4% gain for May. It is the longest monthly rising streak for the index since August 2020, when the gauge rose for five consecutive months, according to Refinitiv…
