European stocks traded at record high levels on Thursday as investors cheered upbeat earnings from the likes of Legrand, Hermes and Siemens.
Meanwhile, traders shrugged off data that showed the U.K. economy grew less than forecast in the fourth quarter.
GDP grew 0.1 percent sequentially, the same pace of increase as seen in the previous quarter and slightly weaker than the forecast of 0.2 percent as business investment shrank and services stagnated.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.