Global Stocks Remain in Rally Mode – Wall Street Journal

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The monthlong global stock rally continued Wednesday, with Asian stocks mostly higher and Japan’s Nikkei Stock Average on pace to close at its highest level since 1996.

Investors haven’t shown an inclination to dial back their appetite, despite continued geopolitical risks from North Korea and Spain’s Catalonia crisis. That comes as the Federal Reserve signaled its confidence that the U.S. economy is strong enough to support further rate increases.