European shares hit record high as drop in new virus cases spurs risk-taking
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(Reuters) - European shares hit a record high for the second straight session on Wednesday, as a drop in new coronavirus cases prompted buying in China-focused stocks, even as investors remained wary of the epidemic's economic impact. The pan-European STOXX 600 index rose as much as 0.4% to a fresh peak of 430.29. A drop in new virus cases on Tuesday as well as optimism over China's liquidity measures had seen gains in China-sensitive stocks."There is a risk-on-and-on-and-on sentiment at this..