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European STOXX 600 Hits Record as Energy and Rate-Cut Hopes Lift Sentiment
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European equities climbed to record highs, led by energy and banking gains as investors priced in rate-cut prospects and easing U.
European equities closed at record highs, with the STOXX Europe 600 index gaining 0.3% to reach 576.0. The rally was fueled by strength in energy, banking, and mining shares, supported by expectations of softer U.S. inflation and easing global monetary policy. The FTSE 100 rose 0.74%, while Germany’s DAX and France’s CAC 40 advanced modestly. Analysts cited optimism over renewed U.S.–China dialogue and improving corporate earnings momentum as key drivers behind the sustained rally across Europe’s blue-chip benchmarks.