Stocks hover near record high, oil skids on demand outlook

World stocks remained on course for their best month ever on Fri­day as recent vac­cine progress, Joe Biden’s U.S. pres­i­den­tial elec­tion win, hopes for fur­ther stim­u­lus, a com­mod­i­ty surge and descend­ing dol­lar all lift­ed the spirits.

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