European shares hit record high, PMIs take spotlight

LONDON (Reuters) - European shares hit an all-time high on Monday as a "totally done" initial trade deal between the United States and China kept the momentum rolling after a rally last week spurred by Britain's election.The pan-European STOXX 600 index gained 0.89% to 415.68 points, surpassing the previous life-high made in April 2015.Trade-sensitive miners were the top gainers after U.S. Trade Representative Robert Lighthizer said over the weekend that a "phase one" U.S.-China trade deal will..