European stocks hit a record even when the coronavirus showed no sign of peaking

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LONDON (Reuters) – The worldwide stock market soared on Friday, even as investors debated whether China's coronavirus epidemic would cause lasting damage to the global economy. is not.

FILE PHOTO: London Stock Exchange offices were seen in London City, England, December 29, 2017. REUTERS / Toby Melville / File Photo

Europe Europe wide Euro STOXX 600 reached a record high, rising by 0.2% to reflect the increase in Asia after the start of the day.

Index in London . and Frankfurt .GDAXI increased by 0.2% and 0.3%, with a higher increase after AstraZeneca (AZN.L) stocks turned positive. The manufacturer of the drug had previously dropped 5% after saying it would be attacked by the coronavirus outbreak.

It is a similar picture in Paris .CHCH, including some early losses like Renault (RENA.PA) stocks turned positive. It was down 0.2%.

Renault dropped more than 4% in its first loss in 10 years when the car company set a lower operating profit target for 2020, a crisis year for a plan to restart with its Nissan partner after the incident. The scandal surrounding former boss Carlos Ghosn.

The future of Wall Street EScv1 indicates a slightly higher open level.

The Chinese virus outbreak has shown no signs of culminating, with health authorities reporting more than 5,000 new cases. China's National Health Commission said it recorded 121 new deaths on land on February 13, bringing the total number of infected people to 63,851.

However, some investors are betting that the economy …

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