World Stocks Have Best Week In 6 Years

LONDON (Reuters) - World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest since 2014. MSCI’s world index of stocks, which tracks shares in 47 countries, was up 0.3 percent after European bourses opened. . MIWD00000PUS After suffering its biggest weekly drop since August 2015 last week, the index is now on track for its best showing since early December 2011.