European shares hit record high as new coronavirus cases slow; Travel stocks lead

(Reuters) - European shares hit a record high on Tuesday as the number of new coronavirus cases slowed in China and the country's factories slowly returned to work, easing some concerns of a long-drawn impact to the global economy. The pan-European STOXX 600 index rose as much as 0.9% to a record high of 428.30. The index has seen several volatile weeks following the news of the virus outbreak. Markets have been weighing the economic impact even as China infused liquidity in an attempt to..