Mounting hopes over China’s economy combined with signs that the U.S. recovery is gaining traction to shore up markets, particularly in Asia, Friday.
Following a lackluster start to the week, investors have since been cheered by the signals showing the two world’s largest economies have started 2013 in relatively rude health. Many stock indexes around the world, including the Dow, are trading are multiyear highs amid optimism over the world economy and hopes that Europe’s debt crisis is slowly coming under control.
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Pan Pylas, Associated Press via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/IM5BN5SNRJY/
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