European shares touch fresh two-year highs on earnings boost

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By Shashwat Chauhan and Shristi Achar A

(Reuters) -European shares closed slightly higher after hitting fresh two-year highs on Tuesday, as investors drew comfort from upbeat corporate updates, while France’s blue-chip stock index hit a new record peak.

The pan-European STOXX 600 index closed up 0.2% in its fifth straight session of gains, while France’s CAC 40 index ended up 0.5%, touching record highs during the day.

Banks were among the top advancing sectors, adding 1.8%, lifted by a 6.2% increase in BBVA after the Spanish…

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