Stock Market

Global Stocks Rise Day After Dow Jones Closed at All-Time High

Highest in more than four and a half years


Global stocks rose to the highest in more than 4 1/2 years, a day after the Dow Jones Industrial Average jumped to a record, as a private report showed faster- than-forecast growth in U.S. jobs. Spain's 10-year bonds advanced for a sixth day.

The MSCI All-Country World Index (MXWD) increased for a third day, rising 0.5 percent at 9:31 a.m. in New York, above the highest close since June 2008. The Stoxx Europe 600 Index climbed 0.2 percent and the Standard & Poor's 500 Index gained 0.3 percent. Spanish 10-yearborrowing costs dropped five basis points to 4.99 percent. The Swiss franc slid versus all of its 16 major peers. Venezuelan bonds fell after President Hugo Chavez died.