Global shares hover at highs as rally grinds on

Jan 17, 2014, 6:02 AM EST
Pedestrians walk past graphs of the Nikkei key index of the Tokyo Stock Exchange showing movement over the past 12 months (top R) and today (top L) in Tokyo on October 2, 2013.
AFP/Getty

European shares were hovering at 5-1/2 year highs on Friday as a third weekly gain on the spin for Portuguese and Spanish bonds fed improving sentiment in the region's Mediterranean rim.
 
Background:
After week of steady progress, European shares creep higher [Reuters]
Asian stocks drop following Wall Street retreat [AP]
Dow, S&P 500 dip after bond trading bites bank profits [Reuters]
Goldman Sachs sees big quarterly profits fall [BBC]
 

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