European stocks kick off 2022 at record highs | Malay Mail

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NEW YORK, Jan 3 — European shares hit all-time highs today, starting the year in an upbeat mood on hopes of steady economic recovery despite soaring cases of the Omicron coronavirus variant. The pan-European STOXX 600 index was up 0.6 per cent at 490.76 points, as of 0821 GMT, surpassing its...

NEW YORK, Jan 3 — European shares hit all-time highs today, starting the year in an upbeat mood on hopes of steady economic recovery despite soaring cases of the Omicron coronavirus variant.

The benchmark recorded a 22.4 per cent jump in 2021, its second-best yearly performance since 2009, as elevated flow of economic stimulus, earnings growth and steady vaccine rollouts helped investors pour into stock markets.

 

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