FRANKFURT: European shares closed at a record high for a third straight session on Thursday as investors assessed prospects for a US-Iran peace deal and progress toward reopening the Strait of Hormuz, while digesting a largely positive slate of corporate earnings.
The pan-European STOXX 600 index closed 0.2 percent higher at 658.19 points, having risen as far as 660.91 during the trading session.
The major stock indexes in Spain, France and Italy also all closed at record levels.
Resilient company results are helping European markets look past geopolitical risks, with investors betting that a potential Middle East de-escalation could further support risk appetite.
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