World stock index at five-and-a-half-month high as trade fears wane
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NEW YORK (Reuters) - A major global stock index jumped to a 5-1/2-month high on Wednesday as optimism on the potential for U.S. trade deals cleared the path for technology stocks to resume their leadership mantle.Talks to renew the North American Free Trade Agreement (NAFTA) hinge on Canada after Monday's deal between the United States and Mexico. MSCI's world equity index, which tracks shares in 47 countries, gained 0.39 percent while the S&P 500 and the Nasdaq U.S. stock indexes hit all-time..