* Highly anticipated vaccine facing more scrutiny
* Bitcoin extends Thursday's big losses
* USD index set to close at 2-1/2 year low
* U.S. markets on shortened hours after Thanksgiving holiday
* Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh
NEW YORK, Nov 27 (Reuters) - Stocks across the globe rose on Friday and
remained on track for their strongest monthly performance on record as recent
vaccine progress, Joe Biden's U.S. presidential election win and a weaker dollar
continue to entice risk-taking.
A global stock index touched a record high for the third session this week
while the dollar index, a measure of the greenback versus six peers, was on
track to close at its lowest since May 2018.
On Wall Street, the main indexes rose and the Nasdaq Composite hit a record
high as optimism around an economic rebound next year outweighed concerns over
an expected surge in coronavirus infections following the Thanksgiving holiday.
The Dow Jones Industrial Average rose 66.14 points, or 0.22%, to
29,938.61, the S&P 500 gained 13.17 points, or 0.36%, to 3,642.82 and the
Nasdaq Composite added 135.94 points, or 1.12%, to 12,230.34.
U.S. stock markets will close at 1:00 p.m. New York time (1800 UCT), three
hours earlier than usual. Bond trading closes at 2:00 p.m.
The risk-on moves were not deterred by questions over trial data on
AstraZeneca's COVID-19 "vaccine for the world," even as several scientists
sounded caution over the trial results.
European stocks rose after the European Central Bank reinforced expectations
of further stimulus next month and Sweden's Riksbank made a surprise increase to
its quantitative-easing program.
The pan-European STOXX 600 index rose 0.26% and MSCI's gauge of
stocks across the globe gained 0.44% to 624.07 after touching a
high of 624.29.
Emerging market stocks rose 0.12%, while Japan's Nikkei rose 0.40%.
Australian shares ended down 0.5% with Treasury Wine Estates
down 11.25% as China imposed new tariffs on Australian wine, the latest
move in the countries' long-running trade row.
The European Union and Britain said substantial differences remained over a
Brexit trade deal, as the EU chief negotiator prepared to travel to London in a
last-ditch attempt to avoid a tumultuous finale to the five-year crisis.
Sterling, which has climbed over 3% against the dollar this month, was last
trading at $1.3349, down 0.04% on the day.
"Clearly, there are substantial and important differences still to be
bridged, but we're getting on with it," British Prime Minister Boris Johnson
The dollar index fell 0.274%, with the euro up 0.32% to
The Japanese yen strengthened 0.28% versus the greenback at 103.98 per
The yield on benchmark Treasury notes fell as some investors
sought the safety of holding government debt. The 10-year notes last rose 7/32
in price to yield 0.8569%, from 0.878% late on Wednesday.
Oil prices, up for a fourth straight week, were mixed.
U.S. crude recently fell 0.66% to $45.41 per barrel and Brent
was at $48.10, up 0.63% on the day.
Bitcoin fell 3.06% to $16,634.18 after tumbling 8.4% in the
previous session. The cryptocurrency brushed against its record high of $19,666
earlier this week and has rallied around 130% this year, fueled by demand for
Spot gold dropped 1.5% to $1,783.36 an ounce. Silver fell
3.30% to $22.68.
(Reporting by Rodrigo Campos; additional reporting by Marc Jones in London and
Shivani Kumaresan in Bengaluru
Editing by Nick Zieminski)