Europe’s Stoxx 600 Extends Gain to 1%, Hits Intraday Record High

A record intraday high on a broad 17-market benchmark says the bid is wide, not just concentrated in a handful of European large caps — which matters for how durable the move looks rather than how big it is. The signal worth noting is participation: an index spanning large, mid and small caps touching a session peak implies risk appetite is running through the whole market, not one crowded corner. Whether that breadth holds into the close, rather than fading from the intraday high, is the open question.