Technology

European Stocks Set for Best Week Since May on AI Optimism

By Bloomberg News

Copyright financialpost

European Stocks Set for Best Week Since May on AI Optimism

The Stoxx Europe 600 Index rose 0.3% as of 8:16 a.m. in London, set for a record high. Mining and bank shares outperformed, while technology as well as food and beverage sectors were among the biggest laggards. The French CAC 40 index was up 0.3% after French Prime Minister Sebastien Lecornu vowed to end a political deadlock and get a budget passed through parliament by the end of the year.