European stocks rallied to historically high levels as investors assess the potential easing of tensions in trade relations between the USA and China. Additionally, data on job growth in the private sector in the USA added confidence in the stability of the global economy. Shares of technology companies have become the leaders of growth among all sectors.
The chief analyst of EuroCorp Investment, William Smith, noted that the market at present is in an optimistic mood due to the easing of trade disputes and supportive data on the labor sector in the USA. "Investors are increasingly believing that the global economy will avoid a recession in the near future," the expert remarked.
