LONDON (AP) -- World stock markets kicked off the new trading year brightly Friday as European and Asian indexes rose, though trading volumes remained light with many traders not back at their desks until next week.
Despite a fairly bright ending to the year on many stock markets around the world, many investors remain pessimistic about the world economy as a whole. After one of the worst years ever for global equities, many expect volatility to remain the name of the game for some time to come, especially as the first part of the new year will likely be dominated by mounting economic gloom and massive job losses.
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