World stocks inch higher
World shares ticked higher on Tuesday, encouraged by higher U.S. stock futures which indicated Wall Street could add to the previous day's strong gains, and an unexpected rise in a German economic sentiment index.
A day after U.S. stock rallied to their highest level in a month, the focus was also on U.S. automakers as the White House and congressional Democrats are expected to finalize a $15 billion proposal to bail them out.
Stocks moved higher on Monday after U.S. President-elect Barack Obama outlined plans at the weekend for the largest infrastructure investment since the 1950s.
Monday's rally pushed the S&P index into positive territory for the month.