European shares hit record high as rate of new coronavirus cases slow
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(Reuters) - European shares rose to a record high early Tuesday as a slowdown in the rate of new infections in the coronavirus outbreak provided some relief, although markets still worried over the wider global economic impact.The pan-European STOXX 600 index rose as much as 0.7% to a record high of 427.46. The index has seen several volatile weeks after news of the outbreak, as investors weighed the economic impact and also the effects of liquidity measures put in place to soften the blow on..