World stocks soar to one-year high
MSCI All-Country World Index is up 75% since hitting a low in March.
LONDON (Reuters) -- World stocks hit a new 12-month high on Tuesday, fueled by optimism over corporate earnings and the global recovery after strong results from Apple and Texas Instruments.
0:00 /2:31Apple's most profitable quarter
By 0701 GMT, the MSCI All-Country World Index was up 0.5% at 300.77, its highest level since late September 2008. This took the index up more than 75% since hitting a low in March 2009.
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