European Stocks Broke A Record High

Hoping for the end of the US shutdown and on the back of positive reports.

European stocks touched a record high on Wednesday thanks to a downturn in tensions over the longest U.S. federal shutdown in history, which appears to be nearing an end. Investors also welcomed a giant investment plan by Britain's SSE, writes The Moscow Times.

The pan-European STOXX 600 index was up 0.5% by 11:37 a.m. (Minsk time).

The rise was led by shares of SSE PLC, Alcon AG and Brenntag SE, up 11.37%, 6.45% and 5.44%, respectively.

The German DAX index jumped 1.0%, the British FTSE 100 index strengthened 0.2%, the French CAC 40 rose 0.8%.

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