Lucky 13? Stocks score longest run of monthly gains on record - News Summed Up

Lucky 13? Stocks score longest run of monthly gains on record


By Marc JonesLONDON, Nov 30 (Reuters) - A dive in high-flying U.S. tech stocks on worries their boom may have peaked left investors wondering on Thursday whether the longest global equity bull run in living memory might be starting to splutter. Though the celebrations were muffled slightly by the tech problems - China stocks had also taken another tumble in Asian trading - the mood seemed to be improving again in Europe. "I'm not sure one would say it's a bubble (in tech stocks)," said Andrew Milligan, head of investment strategy at Standard Life. Among the year's other high fliers, Netflix slid 5.5 percent while Asia's bellwether Samsung slumped 4.3 percent to two-month lows. The Nasdaq index is still up 26.8 percent so far this year, roughly 7 percentage points above gains in the MSCI world.


Source: Daily Mail November 30, 2017 10:07 UTC



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