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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares hit record high as peace hopes, strong earnings lift sentiment

Euro Deutsche Telekom Glanbia Corporate Earnings euro zone Iran

European stock markets climbed to fresh record highs on Thursday, supported by optimism over a potential U.S.-Iran peace agreement, easing concerns about global energy supplies, and another round of strong corporate earnings, according to Reuters.

The pan-European STOXX 600 index gained 0.4% to 660 in early trading after ending at record highs in each of the previous two sessions. Investor sentiment was buoyed by hopes that diplomatic efforts in the Middle East could reduce geopolitical tensions and improve stability in global markets.

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