European Shares Hit Record High on US Chip Giant’s Forecast

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European shares hit all-time highs on Thursday, buoyed by a global rally that also propelled Japan’s Nikkei index to a record peak. The STOXX 600 index reached 495.77 points, surpassing January’s level, driven by robust revenue forecasts from Nvidia. The market’s resilience and expectations of central bank rate cuts have fueled optimism, with the US S&P 500 trading at all-time highs. Large-cap European stocks like ASM International and Novo Nordisk have contributed to the recent gains, marking a positive trend for investors worldwide.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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