Economic news

European shares soar on U.S. shutdown deal, DAX breaches record high

European stocks climbed to fresh record highs on Tuesday after U.S. senators voted to temporarily pay for the government through Feb. 8.

Photo: Reuters

The STOXX 600 inched up 0.3% to 403.33.

Germany’s DAX jumped to 13,587.23, its highest level ever. France's CAC 40 was 0.4% higher at 5,565.10 in early trading.

The UK’s FTSE 100 rose slightly 0.1% to 7,725.04.

Traders assessed giant French retailer Carrefour’s new plans to support sales. The shares soared 4.8 percent.



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