Global stock markets cap reached $50 Trillion, the highest level in history
According to the MSCI World Index, global market cap hits on Tuesday April 25. 2017 a $50 Trillion for the first time ever. The MSCI index is a broad global equity benchmark that represents large and mid-cap equity performance across 23 developed markets countries. It covers approximately 85% of the free float-adjusted market capitalization in each country and MSCI World benchmark does not offer exposure to emerging markets.
With the French election results from the first round we have had a very decent set of corporate earnings in the U.S. and that helped traders and investors to push the markets at the top of the history levels. Furder on that, today we have a few points of the President Trump’s tax cutting plans and no matter how impossible the plan looks to get aproval from Congess, the markets stay in positive teritory.
All we could say is that the stock markets performances are still remarkable and it looks like it will stay like that for a certain period, no matter of the constant ‘bubble call’ from most of the analysts.
Current stock market levels
S&P500 » 2385.00
NQ100 » 5551.00
DOW30 » 20996.10
Nikkei225 » 19289.40
FTSE(UK100) » 7275.60
DAX » 12466.50
FRA CAC40 » 2577.60