European Stocks Rising to Record Levels Thanks to Corporate Earnings

European stocks hit a record high Thursday (April 15th) as rising commodity prices lifted mining companies’ shares, while some positive earnings reports dispelled concerns about the pace of immunization from COVID-19 on the continent.

The European Stoxx600 index rose 0.3%, gaining for the third session, while mining and travel stocks led the rally.

Britain’s FTSE100 index, teeming with commodities, outperformed the rest of the market, pushing up metal prices.