The State Street Investor Confidence Index, which gauges the confidence of institutional investors as measured by their exposure to equities, rose eight points to 104.4 in December, up from 96.4 in November. A reading of 100 is neutral.

In North America, confidence rose 7.7 points to 103.1 from November’s level of 95.4. Likewise, in Asia, confidence increased by 7.4 points to 102.9, up from 95.5.

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