European Shares Hover Near Record Highs

European shares rose on Thursday with mining stocks leading gains. Technology shares lagged as investors weighed US midterm election results and AI regulations.

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FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 4, 2026.

European shares rose during Thursday morning trade, with the benchmark STOXX 600 index gaining 0.7% to 661.99 points and sitting just shy of an all-time high. Basic resources led the advance, while technology shares lagged amid investor scrutiny over artificial intelligence spending.