Markets Global stocks trade near five-year high Toyotas profit surges

he FT reports that the FTSE All-World equity index is up 0.3% to 248.6, less than two points shy of its best closing level since June 2008. Momentum is being provided on Friday by the FTSE Eurofirst 300 seeing a rise of 0.4% and Tokyo enjoying its biggest gain in five weeks. Asian and European-based investors are energised by Wall Street's move to a fresh peak, the S&P 500 closing …

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