14 of world's 20 largest stock markets hit all-time highs recently

Fourteen of the world's 20 largest stock markets hit all-time highs recently, Bloomberg reported. "Looming interest rate cuts, healthy economies & corporate earnings are driving the activity," it added. In the US, S&P 500 and Nasdaq 100 indexes hit records this week, meanwhile, the biggest bourses in India, Europe, Canada, Japan and Australia are currently at or near their peaks.