<div id="readability-page-1" class="page">Stoxx 600 holds near record highs despite AI-led tech rout UniCredit and Commerzbank lead bank earnings in Europe this week Medical groups Philips and AstraZeneca also set to release earnings L'Oreal sales in focus amid recovery in U.S. and Chinese demand When the U.S. sneezes, it seems Europe may not catch its cold in the same way it used to. The Stoxx 600 is sitting close to record highs after recording its 7th positive week in eight, despite...</div>

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<p>The Stoxx 600 index remains near record highs, marking its 7th positive week in eight, despite a downturn in AI-led tech stocks. This week, major European banks UniCredit and Commerzbank are set to report earnings, alongside medical firms Philips and AstraZeneca. Additionally, L'Oreal's sales are under scrutiny as demand recovers in the U.S. and China, indicating a shift in European market resilience compared to past correlations with U.S. economic trends.</p>

Commerzbank AG

L'Oréal S.A.

AstraZeneca PLC

Koninklijke Philips Elect

AstraZeneca

Koninklijke Philips N.V.

Xtrackers STOXX EUROPE 600 OIL & GAS UCITS ETF Capitalisation 1C

Ossiam STOXX Europe 600 Equal Weight NR

Global week ahead: Tech rotation puts European stocks back in play