Stocks soar to post-crisis highs

Britain's rising benchmark index is closing in on its own record. But can the good times continue?

Equity investors are partying like it's 1999, said City AM. Britain's FTSE 100 eclipsed 6,800 early this week. That's not far from its all-time closing high of 6,930, reached on 30 December, 1999.

The blue-chip index has gained 15% since the beginning of the year, and 30% since last summer. The mid-cap FTSE 250 index has already reached a new record, as have America's main stock benchmarks, the Dow Jones and the S&P 500. European and Japanese indices are at new post-crisis highs.

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