October 17, 2026
Business

European shares close at record high driven by defence stocks(Soban News)

European stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 index saw significant gains, driven by strong performances in banking and aerospace. This surge follows a week of tech-led losses, with investors now favouring European markets over U.S. tech giants amid falling interest rates.

​European stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 index saw significant gains, driven by strong performances in banking and aerospace. This surge follows a week of tech-led losses, with investors now favouring European markets over U.S. tech giants amid falling interest rates. by Soban News (international And National News)

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