Key world equity indexes scaled new highs on Friday as a surge in U.S. housing starts to levels last seen in 2006 powered stocks while the greenback rose to a one-week high against the euro on expectations of solid economic growth.
| Optimism over corporate earnings and indications of resilience in China’s economy also lifted equities and pushed government debt yields higher.
| U.S. housing starts jumped 16.9 per cent to a seasonally adjusted annual rate of 1.608 million units in December, a 13-year high.
| MSCI’s gauge of stocks across the globe gained 0.21 per cent, its fifth straight day of new highs.
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/arc-anglerfish-tgam-prod-tgam.s3.amazonaws.com/public/ZJHTU4UKQBAVFBZUHIHOWDCB3A.jpg "The close: TSX continues its record rise on China data boost")
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