World-equity index drops as retail sales' growth accelerates

Global shares declined on Friday session with the world-stock index heading towards the biggest two-day fall in six months as the U.S. Dollar increased to the strongest level in five years versus the Yen after retail sales accelerated suggesting that the Federal Reserve may curb its stimulus. The MSCI world stock index decreased 2.5% in the last two weeks and traded at 392.18 as of 8:41 a.m. GMT.