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Rallies from Brazil to Japan and the Standard & Poor's 500 Index's first trip above 2,000 sent the value of global equities to a record $66 trillion.Optimism that central banks will support economic growth sent the MSCI All-Country World Index up 3.8 percent from its low this month.The S&P 500 has risen for 10 of the last 13 days and the Nasdaq Composite Index is about 10 percent from an all-time high. Japan's Topix index is near its highest level since January, rebounding from losses earlier this year.The value of equities globally has soared from $25 trillion in March 2009 .Three rounds of Fed stimulus and record corporate earnings have helped the S&P 500 almost triple from its March 2009 low. The Stoxx 600 has rallied 5.6 percent from its Aug. 8 low, shrugging off concerns the Ukraine conflict is worsening to trade 1.9 percent away from a six-year high.The MSCI gauge of shares worldwide is up 150 percent, while the MSCI Emerging Markets Index rallied 124 percent.
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