UPDATE 1 – European stocks hit their highest level in more than a month ahead of retail services and data – Reuters UK

UPDATE 1 – European stocks hit their highest level in more than a month ahead of retail services and data – Reuters UK

(Reuters) – European stocks rose on Thursday amid signs of a global economic recovery and hope of further stimulus, with eyes on local retail and service sector data expected to show sustained growth .

FILE PHOTO: The DAX chart of the German Stock Price Index is shown on the Stock Exchange in Frankfurt, Germany August 31, 2020. REUTERS / Staff

The pan-European STOXX 600 index rose 1%,…

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