European Stocks Follow Wall Street’s Path to Hit Record High
- ASML, Novo Nordisk are among top gainers so far this year
- Novo also hit a record this year on weight-loss drugs buzz
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European stocks hit a record high, joining their Wall Street and Japanese peers, as optimism around economic growth and a potential easing of monetary policy extended last year’s rally.
The Stoxx Europe 600 Index climbed 0.8% to 495.10 points, topping its previous all-time closing peak hit in January 2022. Thursday’s gains were powered by tech stocks after Nvidia Corp. delivered another eye-popping sales forecast.