European Stocks Close at Another Record High

European stocks finished Tuesday at a new record high, with the chemicals and insurance stocks leading the gains.

The STOXX Europe 600 index finished higher by 0.11% at 458.81 points.

Today marked the eighth consecutive record-high closing level for the pan-European index, which gained about 15% since the beginning of the year.

The UK’s FTSE100 and the German DAX indices finished higher by 0.36% each, while the French CAC40 rose by 0.35%.

Earlier, data showed that last month the inflation rate in Germany registered 2.4% and 1.8% in France.