Stoxx Europe 600 Surges 1.3% to Record Intraday High of 641.66 on Monday

Stoxx Europe 600 Index surged 1.3% to 641.66 points on Monday, hitting a new intraday record high and surpassing the previous peak of 636.16 points set on February 27. The index has gained 8.2% year-to-date, supported by a pullback in oil prices following a temporary agreement between the U.S. and Iran to reopen the Strait of Hormuz.
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