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European stocks hit high in AI-driven rally

European stocks hit high in AI-driven rally

European stocks rose during today’s trading session, with expectations of achieving the largest quarterly gain in over five years, driven by optimism surrounding the artificial intelligence sector and a decrease in geopolitical tensions in the Middle East. Major indices such as the Stoxx 600 and DAX increased by 0.65% and 0.95% respectively, while the technology sector grew by 1.7%, marking the best quarterly performance since October 2001.

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