Europe's STOXX 600 clocks best week in over a month as rally broadens

European markets surged to record highs this week, with the STOXX 600 and Germany's DAX hitting all-time peaks. The rally is supported by investor bets against an imminent US rate hike, easing inflation in the Eurozone, and attractive lower valuations. Defence stocks also climbed amid geopolitical tensions, contributing to a broad-based advance.