European Shares Hit Record High on Strong Earnings
European shares reached a record high driven by robust third quarter earnings and declining energy prices. The STOXX 600 rose 0.3 percent to surpass its previous August peak, supported by accelerating profit growth.
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European equities rose to a record high during Thursday morning trading, lifted by strong corporate earnings and lower energy costs. The STOXX 600 gained 0.3% during the morning session, surpassing its previous peak set in August. The milestone reflects robust momentum across regional markets, outpacing major global benchmarks like the S&P 500, which has climbed 11%.
