Trader Gregory Rowe, left, works on the floor of the New York Stock Exchange Wednesday, July 2, 2014. (AP Photo/Richard Drew)
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World stocks were enjoying the view at an all-time high Friday, lifted by a week of strong U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.A new three-year peak for Asian stocks overnight meant MSCI's All World share index, which tracks 45 countries, set its fourth consecutive record high, while the dollar, U.S. bond yields and growth-sensitive copper were also up for the week.The ECB will give banks the opportunity to borrow up to 1 trillion euros for four years at a rate of only 0.25 percent from September in the hope they will lend some of that money to businesses and consumers.Stocks in Lisbon also took another tumble, down 1.1 percent on the day and one of only a handful of indexes in the world staring at a fourth straight week in the red.
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