European Stocks Hit New All-Time High

European stocks surged on Monday, rising for the second consecutive session and hitting new record highs amid anticipation for the earnings reports by major listed companies across the continent and around the globe.

The STOXX Europe 600 index finished higher by 3.16 points or 0.69% to finish at an all-time closing high of 460.83 points.

In Germany, the benchmark DAX index also set a new record after rising by 102.58 points, or 0.65%, to close at 15,790.51 points.

The French CAC40 and the UK’s FTSE100 and leveled up by 0.46% and a marginal 0.05%, respectively.

It is worth noting that the British government confirmed its plans to lift lockdown rules on 19 July.

Meanwhile, French President Emmanuel Macron ordered that all health workers be vaccinated as part of measures to combat a new wave of COVID-19 with the spread of the Delta variant.