European Shares Hit Record High Amid Mining Mega-Deal Talks

European shares reached a record high on January 9, 2026, as Rio Tinto's announcement of acquisition talks with Glencore fueled investor enthusiasm. Glencore shares surged 8.3%, while the STOXX 600 index rose 0.4%, driven by gains in technology, mining, and energy sectors.

洞察:
European stock markets soared to an all-time high on January 9, 2026, buoyed by the excitement surrounding Rio Tinto's announcement of early-stage acquisition talks with Glencore . The proposed merger, which would create the world's largest mining company, sent Glencore shares skyrocketing 8.3% to their highest level since July 2024. The STOXX 600 Index also climbed 0.4%, marking its longest weekly winning streak since May, with technology, mining, and energy stocks leading the charge.
The German share price index DAX graph is displayed at the stock exchange in Frankfurt, Germany, on January 7, 2026. REUTERS/staff
The German share price index DAX graph is displayed at the stock exchange in Frankfurt, Germany, on January 7, 2026. REUTERS/staff
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