European stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 index saw significant gains, driven by strong performances in banking and aerospace. This surge follows a week of tech-led losses, with investors now favouring European markets over U.S. tech giants amid falling interest rates.
US Stock Market Today | Live: US stock futures climb as AI shares rally and crude prices ease
Warnings from executives at leading AI companies triggered a selloff last week, but concerns eased on Monday as investors focused on signs that spending on