World shares hit a record high on Friday as relief over the de-escalation of U.S...
) gained 2.1%, helped by news that sales of its iPhones in China in December jumped more than 18% on year. [.N]
While analysts expect slight declines in profits for S&P 500 companies in the last quarter, they see a solid recovery this year. MSCI’s emerging market currency index .MIEM00000CUS hit 1-1/2-year highs, having risen 0.4% so far this week in what is likely to be its sixth straight week of gains as it has also benefited from three U.S. rate cuts last year.
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