Stocks rally as Buffett bites into Apple, oil eyes $50
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, May 13, 2016. REUTERS/Staff/RemoteMoreBy Jamie McGeever
LONDON (Reuters) – World shares rose on Tuesday as technology giant Apple Inc’s biggest rise in over two months and oil’s march higher to near $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds.
MSCI’s index of global shares rose 0.2 percent, putting it
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