The Stoxx Europe 600 hit a record high on Wednesday as fears over US tariffs eased and investors bought cheaper European stocks following strong corporate earnings.
The broad-based European index rose as much as 0.8 per cent to a record high of 529.88, fuelled by gains for some of Europe’s largest companies, such as Danish drugmaker Novo Nordisk and Germany’s Adidas.
Frankfurt’s Dax rose more than 1.3 per cent — also to a fresh high — led by a 7 per cent gain for Adidas following strong full-year results from the sports goods maker.
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