VERIFIEDET Stocks·3 Jul 2026positive

Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-May

AI Summary

·Europe's STOXX 600 neared record highs on Friday, aiming for its best weekly gain since mid-May.
·Gains in defence and cyclical stocks supported the European market.
·Investors looked past immediate US rate concerns, with easing Middle East tensions broadening the market rally.