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المشهد العربي
Source: المشهد العربي
5 Hrsالمشهد العربي
Source: المشهد العربي
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The STOXX Europe 600 hit a record 665.63 points, surpassing its previous peak of 663.41, buoyed by strong corporate performance despite inflationary pressures and expectations of tighter monetary policy. Companies in the index are on track to increase quarterly profits by 25%—the fastest growth rate in four years. Siemens shares rose 3.8% and Merck’s gained 1.6% after both companies raised their forecasts. Since the start of the quarter, the STOXX 600 has climbed 4.7%, while the S&P 500 has fallen 0.4%.
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