STOXX 600 reaches one week high as tech stocks advance
The STOXX 600 rose 0.8 percent on Thursday led by a 2.6 percent jump in technology stocks. Investors monitored US-China talks and ECB interest rate signals.
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The STOXX 600 rose 0.8% to 616.05, reaching a one-week high as technology stocks led a broad-based rally. The Germany DAX climbed 1.3%, outperforming regional peers following strong cloud growth projections for SAP SE. Investors are weighing European tech gains against geopolitical volatility in the United Kingdom and high energy costs.
