Europe Stocks Climb to Record Highs on Chip Boost and Fed Rate Cut Hopes
European equity markets soared on Thursday as a strong rally in semiconductor and technology stocks, along with renewed optimism about possible U.S. Federal Reserve rate cuts, pushed indices to new highs. The pan-European STOXX 600 rose about 0.7 % to 568.7 points, marking an intraday record. Germany’s DAX led the gains, climbing around 1.3 %. […]