European stocks were climbing on Thursday as the expectation that the European Central Bank will cut interest rates later helped investors shrug off below-par economic data. The ECB appears all-but-ce

European shares closed at a record high on Wednesday, boosted by technology stocks following strong results from chip equipment maker ASML, while investors shifted their focus to a monetary policy verdict by the U.

European tech stocks have bounced back far more quickly than their U.S. counterparts following the DeepSeek AI rout. The pan-European Stoxx 600 Tech index jumped more than 3% Wednesday, climbing above its Friday closing level–before the Chinese startup’s AI developments spooked markets.