World stocks firm as stimulus fuels economic optimism

By Hideyuki Sano TOKYO (Reuters) – Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package. U.S. S&P500 futures rose 0.25% in early Asian trade, trading just below a record high level touched last week, while Japan’s Nikkei ticked up 0.1% MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed. “With the $1.9 trillion economic package approved, there are strong expectations of an economic recovery, which will be supporti…

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HEDGE accordingly