Monday, 20 May 2013

Reuters: GLOBAL MARKETS-Shares grind higher, gold pauses from big losing streak

Global equity markets rose on Monday as investors sought better returns in stocks, while uncertainty over the Federal Reserve's stimulus program caused gold to pause from its longest losing streak in four years.

Despite major U.S. and European stock indices being up double digits - the American benchmark S&P 500 index is almost
17 percent higher so far this year - investors still see better returns ahead in equities than elsewhere.

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