Global equity markets edged higher on Monday, boosting a gauge of world stock performance to near an all-time high, as low interest rates bolstered sentiment even as U.S. Treasury yields rose.
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Global equity markets drifted lower on Friday as investors were beset by worries that central bank stimulus may be curtailed, but the dollar recovered against the euro to trade almost flat after better-than-expected U.S. durable goods data for April.