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Europe's STOXX 600 hits record high on strong earnings, easing Mideast tensions
Europe’s benchmark STOXX 600 hit a record high on Thursday, boosted by strong corporate earnings, easing geopolitical tensions and investors rotating out of AI-linked stocks in Asia and the US. The pan-European STOXX 600 gained 0.3% to 665.38 points by 0806 GMT, after closing at record levels in the previous session. Equity benchmarks in most major regional markets were also higher, with Germany’s DAX rising 1% to a new high. Strong corporate earnings despite pressure from energy-driven inflation and expectations for higher interest rates have supported European equities in recent months...
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