Europe's benchmark STOXX 600 traded near a record high on Friday and was on track for its best week in more than a month, as gains in cyclical stocks helped investors shrug off expectations of a near-term US rate hike.
The pan-European index touched an all-time high earlier in the session before trimming gains to trade 0.2% higher at 649.86 points. It remains on course for its strongest weekly performance since mid-May. Germany's DAX rose 0.1%, while French and UK equities were marginally lower on the day.
