Stocks march to record highs

published 29 May 2014

US stocks, which tend to set the tone for world markets, hit a new record this week, as the S&P 500 index climbed above 1,900.

Meanwhile, European stocks hit a new six-year high (measured by the FTSE Eurofirst index).And Japan's Nikkei perked up to its highest level since April. The good news pushed gold down to a three-month low, below $1,300 an ounce.

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Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.