European markets moved higher on Thursday morning, with steady gains through the week taking the regional benchmark to its latest intraday record high.index was firmer by 0.3% at 10:37 a.m. in London, hitting yet another all-time high this month as it rose above 513 points for the first time. Travel stocks led gains with a 1% uptick, while financial services slipped 0.6%.
Retailers were more optimistic across a range of sectors, while fewer were suffering from supply challenges. Output declined in the final quarter of 2023 across the U.K.'s three main sectors of services, production and construction. Net trade, household consumption and gross capital formation were all lower.Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. Renault on Thursday said that the cash inflow would improve its net cash financial position, allow faster deleveraging and support its aim of returning to an investment grade rating.
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