MSCI World Index hits record high

World stocks storm past tech bubble high

"World stocks stormed past highs reached during the 2000 tech bubble on Monday, with the MSCI World Index <.MSCIWD> hitting a record 349.28."

"The all-country world index has gained more than 12.5 percent so far this year while its emerging market stablemate is up nearly 25 percent."

"Such rises, along with gains in other major indexes, have raised some concerns that equities are heading for another fall -- especially as interest rates are generally rising worldwide."