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Insurance, chemical stocks keep STOXX 600 at over one-month high

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Insurance, chemical stocks keep STOXX 600 at over one-month high

-The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and chemical stocks ahead of closely-watched results from Nvidia (NASDAQ:index was up 0.3% to 520.6 points. The chemicals sector led gains, up 1.4% to a more than two-month high, with Givaudan, Symrise AG and Covestro all up over 3%.

Consumer confidence data for the Eurozone is due Thursday, as are consumer price reports from Germany and Spain. A key inflation print for the Euro zone is expected Friday, with investors watching the data for further cues on monetary policy. "Simply based on commentary alone, the ECB is arguably even more hawkish, even though market pricing is working in the opposite direction in defiance."

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