European shares hit record close with healthcare stocks leading broader rally (opens original article in a new tab)

European shares closed at a record high on Thursday, driven by healthcare and tech stock rallies, while US inflation data kept interest rate hike possibilities open.

• European shares hit a record high with healthcare stocks leading the rally
• Healthcare sector rose 1.5% with Bayer jumping 18.7% after a court victory
• Tech stocks saw a rally driven by strong forecasts from Micron and Qualcomm
• US inflation rose above 4% in May, keeping interest rate hikes possible