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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares hit record high as tech rally, earnings lift sentiment

European shares climbed to a record high on Friday, supported by a global rebound in technology stocks and a strong corporate earnings season, as investors looked past a week dominated by central bank decisions and tensions in the Middle East, Reuters reported.

The pan-European STOXX 600 index rose 0.9% to 655.2 by 0712 GMT, putting the benchmark on course for its fourth consecutive month of gains. According to Reuters, improving risk appetite in global equity markets helped drive the advance.

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