World shares boosted by Wall Street strength

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MILAN/HONG KONG (Reuters) – Shares in Europe and Asia inched up on Tuesday, helped by another record-setting day on Wall Street and after Britain and France held off from imposing tougher COVID-19 restrictions before year-end.

FILE PHOTO: A woman wearing a protective mask, amid the COVID-19 outbreak, walks past an electronic board displaying Japan and other countries’ stock indexes outside a brokerage in Tokyo, Japan, September 21, 2021. REUTERS/Kim Kyung-Hoon

A variety of asset classes from oil to equities are now near or above recent highs, having walked back losses from late November when the Omicron variant of COVID-19 first emerged and sent investors scurrying for safe havens.

As the worst fears of the impact of the new variant have subsided, investors have been returning to risk assets.

The MSCI world equities index rose 0.2% by 0908 GMT, and was striking distance from a record high hit last month, as markets in Asia and…

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