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ResultsEconomic Times

European stocks hit record highs on strong earnings

Positive+17

GreyOak summary

European stocks reached record highs driven by robust corporate earnings and easing geopolitical tensions. The STOXX 600 rose 0.3% to 665.38 points, supported by expected 25% quarterly profit growth. Lower oil prices below $100 and reduced exposure to AI-linked stocks further aided the rally.

What it affects

  • Brent crudePositive +17

    Oil prices slipped below $100 a barrel.Rolling sentiment Neutral +11

Source

Read the original at Economic Times

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