Europe’s Stoxx 600 Hits Record High to Join US, Japan Equities
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Europe’s benchmark index hit a record on Thursday, joining US and Japanese equities in reaching all-time highs, as an upbeat earnings report by Nvidia Corp. cemented optimism about a boom in artificial intelligence.
The Stoxx Europe 600 Index closed 0.8% higher, surpassing the closing peak reached in January 2022. Technology stocks jumped, tracking a rally in the US tech-heavy Nasdaq 100 after the bullish sales forecast by Nvidia, the world’s most valuable chipmaker.