Macro Finance
European Stocks Test Fresh Record High; Rheinmetall Weighs
Bloomberg Markets·November 5, 2026·1 min read
European stocks briefly surpassed their previous closing record on Wednesday, extending an outperformance driven by a rotation out of the artificial intelligence trade and a strong earnings season. The region's markets have been buoyed by solid corporate results and investor shifts away from AI-heavy sectors, though Rheinmetall's performance weighed on the index.
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