German shares hit record highs as easing coronavirus fears lift Europe

(Reuters) - German shares hit a record high on Tuesday, leading European stocks to a record too amid hopes the coronavirus outbreak may plateau soon and that the impact on the global economy might not be significant as feared.Deutsche Telekom jumped nearly 4%, driving the rally in Frankfurt's DAX , after the telecom giant's T-Mobile and wireless carrier Sprint got U.S. approval for a merger initially valued at $26 billion. Shares in Nordic network equipment makers Nokia and Ericsson also..