European equities hit an all-time high … for these reasons

Several European indices hit levels on Tuesday record, supported by signs of easing of tensions between the United States and China, solid economic results and dovish comments from the head of the European Central Bank.

The pan-European Stoxx 600 index rose 0.1% by 0829 GMT, adding a Win streak record recentAn important meeting between US President Joe Biden and Chinese leader Xi Jinping saw both sides signal a thaw in difficult relations.

Major equity indices also recorded highs, including the German DAX and the French CAC 40, as well as Eurozone equities.

Mining companies, which have large exposure to China, were up 0.5% in early trading, while telecom companies were supported by Vodafone’s 4.6% rise following the announcement of quarterly results.

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