European shares hit record high on drop in new virus cases, hopes of China stimulus
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(Reuters) - European shares notched a fresh record high on Wednesday, as a decline in the number of new coronavirus cases and hopes of more stimulus from Beijing helped a recovery from fears of a sustained hit to global supply and demand. A broad-based rally saw the pan-European STOXX 600 index end up 0.8%, led by chipmakers that were hit last session by a revenue warning from iPhone maker Apple Inc due the outbreak. Dialog Semiconductor , STMicroelectronics and AMS AG , were among the top..