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Europe's STOXX 600 clocks best week in over a month as rally broadens
European stocks surged to record highs this week, with the STOXX 600 and Germany's DAX hitting all-time peaks. Investors are betting against an imminent US rate hike, boosting cyclical stocks. Defence shares also climbed amid geopolitical tensions. Signs of easing inflation and a balanced economic outlook in the Eurozone are further supporting the rally, making European markets attractive due to lower valuations.
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morningstar.com
STOXX Europe 600 Index Ends 1.41% Higher at 648.35 — Data Talk
The STOXX Europe 600 Index is up 9.04 points or 1.41% today to 648.35
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economictimes.indiatimes.com
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-May
Europe's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclical stocks. Investors shrugged off…
