MSCI's all country world stock index, which tracks more than 2,400 stocks in 47 countries, hit its latest peak as Europe's insurers rose more than 2 percent <.SXIP> on hopes Irma's damage would not prove as costly as feared. The all-country index is up 14.6 percent year-to-date and the S&P 500 has gained 11.2 percent so far this year. Major indices on Wall Street jumped more than 1 percent. All 11 major S&P sectors rose, led by gains in technology and financial stocks. (Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 11, 2017. )
Stabilising oil price draws investors back to
After more than three years stuck in the doldrums, the oil and gas (O&G) industry seems to be back on investors’ radar.
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