Stock markets in developed economies were set to record their fourth straight year of gains on Thursday while oil prices cemented losses of more than 35 percent as a roller-coaster year drew to a close.
Ultra-easy monetary policy and pockets of economic resurgence have helped equity valuations break new ground this year. U.S. stocks are finishing 2015 near record highs, European equities have hit all-time peaks and Japanese shares have risen to levels not seen since the turn of the century.
With China’s slowdown and…
Sky-High Stocks Book Fourth Year of Gains, Tipped for More
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