Stocks bask in afterglow of Dow breaking past 20,000

World stock markets climbed strongly on Thursday, with investors basking in the afterglow of a break past 20,000 points for Wall Street’s record high Dow Jones index. MSCI's 46-country All World index was within touching distance of its lifetime high as European stocks rose 0.5 percent [.EU] to their highest since Dec. 2015, completing a global loop after Asia's main bourses also saw a bumper session. The 'Trump trade', based on hopes of U.S. stimulus reflating growth, would appear to be b