European stocks close at record high, led by defence shares By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Should l Buy ?
Source: Investing.com
European Defence Stocks Surge: European shares reached record highs driven by increased expectations of military spending and potential peace proposals for Ukraine, with notable gains in defence companies like Rheinmetall and BAE Systems.
Market Reactions and Economic Indicators: While the rise in defence stocks was significant, analysts caution that actual funding may take time to materialize; additionally, Euro zone inflation data suggests a possible interest rate cut from the ECB amid ongoing trade tensions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
