World markets swell; Nasdaq sets record
(WorldNews Asia)

Stocks rallied worldwide on Monday as investors bet that the economy can continue its dramatic turnaround despite all the challenges ahead. The S&P 500 rose 1.6 percent, following up on similar gains in Europe and Asia, and clawed back to within 6.1 percent of its record set in February. The headliner was China`s stock market, which leaped 5.7 percent for its biggest gain since 2015, when it was in the midst of a bubble bursting. Treasury yields also...