European Stocks Hit Record Highs
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European stocks reached record highs on Wednesday, with the EURO STOXX 50 up 0.5% to 6,060 points and the STOXX 600 gaining 0.3% to 612. Energy stocks led the rally, particularly RWE, which rose over 3% after winning contracts in the UK’s offshore wind auction. Investor focus also shifted to a potential US Supreme Court ruling on President Trump’s tariffs, while luxury stocks like Kering and LVMH were highlighted as creditors in Saks Global's bankruptcy filing.
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