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European equities stay close to record highs


European equities stay close to record highs
‘Meme stocks’ surge on Wall Street, while strong economic figures lift sentiment
about 2 hours ago
Updated: about an hour ago
Cinema owner AMC Entertainment Holdings is one of the ‘meme stocks’ soaring again on Wall Street. Photograph: Jim Watson/AFP
 
European stocks stayed near record levels on Wednesday, helped by energy and consumer stocks, while strong economic data from the United States and Europe buoyed investor sentiment in a mostly quiet day of trading.
Data showing a strong expansion in US and European factory activity in May lifted world shares to fresh highs on Tuesday, with investors awaiting US jobs data on Friday for confirmation of a solid recovery in the world’s largest economy. ....

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