European Stocks Hit Record High Driven by Adidas and Tech Gains

Reported about 5 hours ago

European stocks reached a record high, buoyed by strong performances in technology and healthcare sectors, particularly after Adidas reported better-than-expected preliminary fourth-quarter results. The STOXX 600 index rose by 0.6%, exceeding its previous peak from September 2024, while Germany's DAX index climbed 1.1%, also setting a record. Despite ongoing tariff threats from U.S. President Trump, investor sentiment remained strong, with significant interest in European equities as alternatives to the U.S. market.

Source: YAHOO

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