Reuters reported that the European stock market started the week of February 17 with a rise to record levels.
On Monday, the pan-European STOXX 600 index added 0.4%, and defense and aerospace stocks soared by more than 3%, reaching a historic high.
It is noted that since the beginning of Russia’s full-scale invasion of Ukraine, the prices of securities in this sector have more than doubled.
Bank shares were also popular among investors — the sector grew by 1.5%, reaching a 17-year high. Rising bond yields drove this.
Another market risk is the possible introduction of new tariffs in the United States. Washington has postponed the decision until April but has not ruled out options, including VAT-related taxes in other countries. This is causing concern among European companies.
