MSCI's broadest index of world stocks drifted 0.1% higher, putting the gauge on track for a 1.4% gain for May. It is the longest monthly rising streak for the index since August 2020, when it marked a five-month run of gains, according to Refinitiv data.
World stocks scaled new peaks after lawmakers and aides said that Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States.
Britain on Wednesday became the first country in the world to approve the Pfizer-BioNTech COVID-19 vaccine for use, saying it would start rolling it out early next week.