European stocks surged to record highs this week, with the STOXX 600 and Germany’s DAX hitting all-time peaks. Investors are betting against an imminent US rate hike, boosting cyclical stocks. Defence shares also climbed amid geopolitical tensions. Signs of easing inflation and a balanced economic outlook in the Eurozone are further supporting the rally, making European markets attractive due to lower valuations.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.