World stock markets advanced Thursday after the chief of the U.S. central bank said a continuation of easy money policies is needed to keep fueling the U.S. economic recovery.
Both the bellwether Dow Jones Industrial Average of 30 key stocks and the broader Standard & Poor’s index of 500 companies soared past record highs they set last May.
Earlier, Hong Kong’s Hang Seng index closed up 2.5 percent, while markets in London, Frankfurt and Paris all ended higher.
In mid-June, …
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