Stocks climb to new highs as traders bet on Iran truce trades

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STORY: Global equities flew past previous all-time highs in Asian trading on Thursday (April 16). Investor hopes grew about a deal to end the Iran war. They were also relieved to hear U.S. President Donald Trump say talks between Israel and Lebanon are due. MSCI’s All-Country World Index advanced 0.2% to mark a 10th consecutive day of gains and a record high. Asia-Pacific shares outside Japan rose 1.2% to put the benchmark on track for a third day of gains. While Japan’s Nikkei rose 2.5% to a fresh record. Chinese shares advanced 0.8% after data showed Asia’s largest economy grew…

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