European Stocks Have Record in Sight on Hopes Stimulus Will Stay
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European equities rose on Monday, boosted by optimism that curbs to central bank stimulus will be delayed, while traders focused on new additions to Germany’s benchmark.
The Stoxx 600 Index ended 0.7% higher, within 0.1% of a record high reached in mid-August, though a closed U.S. market saw thinner volumes than usual. Germany’s DAX Index advanced 1% after gaining new members Zalando SE and HelloFresh SE as part of a revamp of the benchmark.