Europe's STOXX 600 Index Hits Record High
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View chart & analysis → - 1The European benchmark STOXX 600 index reached a record high, rising 0.3% to 665.38 points.
- 2Quarterly profit growth for STOXX 600 companies reached 25%, marking the strongest growth in four years.
- 3Siemens shares rose 3.8% after raising its growth outlook.
So what's the key point?
An index tracking major European companies reached its highest level ever. As corporate profits grew by 25%, share prices for companies like Siemens also increased.
Source Reuters +1 · View original ↗
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