Sprightly European stocks greet new year by hitting record high

Published by
Reuters UK

By Marc Jones LONDON (Reuters) – World stock markets got 2022 off to a confident start on Monday after their third consecutive year of double-digit gains, while the dollar, oil prices and benchmark government bond yields all made early moves higher. London’s traders were enjoying their final day of festive rest, but mainland Europe saw a lively start, with the STOXX 600 index notching up a quick record high after a flurry of encouraging data from the euro zone and eastern Europe. The euro zone’s Manufacturing Purchasing Managers’ Index (PMI) dipped to 58.0 in December from November’s 58.4, but…

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