Financial, industrial stocks lift European shares to near record high By Reuters – Investing.com

Financial, industrial stocks lift European shares to near record high By Reuters – Investing.com

(Reuters) - European shares rose on Wednesday, as energy stocks tracked a jump in oil prices, while investors turned to a Federal Reserve meeting for cues on whether the central bank was beginning to debate tapering its ultra easy monetary policy.

The pan-European was up 0.3% by 0704 GMT. If gains hold until the end of the day, the index will mark its longest gaining streak in three-and-a-half years.

The benchmark index has scaled record highs this year as investors bet a steady vaccination programme would jumpstart economic growth, but a recent jump in inflation has sparked concerns of a sooner-than-expected tightening in global monetary policy.