European stocks powered higher Thursday, taking the benchmark index to a record close as investors assessed earnings and data.
The pan-European Stoxx 600 index marked a record close on Thursday, gaining 0.9% through the session to surpass its previous high from January 2022. Not all sectors were higher, with food and beverage stocks down 1.3% as autos gained 2.7%.
Following better-than-expected purchasing managers' index data from the euro zone and a slew of earnings, Germany's DAX index rose 1.47%, while France's CAC 40 was up 1.27%. The U.K.'s FTSE 100 was up by a more modest 0.3%. .STOXX YTD line Stoxx 600 index. — Jenni Reid
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