European stocks hit record high on strong earnings and tech gains

aljazeera.net (Arabic)

European stocks closed at a record high Friday, boosted by strong corporate earnings and tech shares, while weak US jobs data reinforced expectations the Federal Reserve will hold interest rates steady. The STOXX 600 rose 0.3% to 660.25, a fourth consecutive record close and weekly gain. Technology led sectors, up 1.9%, and healthcare rose 1.2%. LSEG data projects over 22% second-quarter earnings growth for STOXX 600 companies. Traders also weighed prospects of a US-Iran agreement that could ease energy supply and growth risks. Genmab rose 6.5% after lifting its 2026 revenue outlook.


With a significance score of 1, this news ranks in the top 66% of today's 33251 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


European stocks hit record high on strong earnings and tech gains | News Minimalist