Global stock market cap crosses $100 trillion for the first time ever

The global market capitalisation or the combined value of all the listed stocks in the world crossed $100 trillion for the first time ever, according to Bloomberg data. This is equal to 115% of the global GDP. The US has a market cap of $41.6 trillion, while China's was $10.7 trillion. India is placed 10th at $2.4 trillion.