European markets hit record highs as investors react to Fed minutes
European stocks closed higher on Thursday, tracking gains overseas following dovish comments from the U.S. Federal Reserve.
The pan-European Stoxx 600 gained 0.6% by the end of the session, having earlier hitting record highs. Food and beverage shares added 1.6% to lead the gains as most sectors and major bourses finished in positive territory.
The upward momentum for European stocks comes after similarly upbeat trading in the U.S. and Asia-Pacific. On Wall Street, the S&P 500 rose to another record high on Thursday amid a strong rally in major technology stocks, while Asian stocks closed mostly higher.
Reference: CNBC
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