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2026-08-05T08:01:01.575Z

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European stocks near record highs

European stocks near record highs

European stocks recorded an increase close to their all-time highs, supported by strong company results and falling oil prices, which boosted investors' risk appetite. The Stoxx 600 index rose by 0.4%, with gains in healthcare, industrial, and logistics sectors, while a 1.4% decline in Brent crude oil prices helped support stocks and eased sovereign bond yield pressures. Additionally, diplomatic progress between the United States and Iran, according to Qatari sources, sparked hopes for stability. The market saw gains in shares of companies such as Siemens Energy and Heineken, while DHL shares declined despite strong earnings results. Investors now await upcoming U.S. jobs data to gauge the strength of the American labor market.

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