IHS Markit's final reading of euro zone business activity showed the bloc returned to modest growth in July as coronavirus restrictions were lifted. Separate data showed the volume of retail sales rebounded in June to levels recorded in February.
In earnings-driven moves, German logistics group Deutsche Post AG gained 2.5 per cent after reporting a better-than-forecast rise in operating profit, benefitting from a jump in ecommerce during the pandemic. Travel & leisure stocks extended gains for a third straight session, with British Airways-owner IAG, Lufthansa and Easyjet up between 6.5 per cent and 10.5 per cent.
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US: Nasdaq ends at another record as stocks extend rally[NEW YORK] The Nasdaq finished at its third straight record on Wednesday as US stocks shrugged off lackluster employment data and advanced on optimism over additional fiscal support. Read more at The Business Times.
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