European shares up for fourth session on stimulus optimism

Dec 17 (Reuters) – European shares remained at 10-month highs on Thursday, as hopes of more stimulus in the United States and potential COVID-19 vaccine rollouts in Europe strengthened the case for a global economic recovery.

Germany’s DAX climbed 1.1% to hit its highest since February, while the pan-European STOXX 600 index rose 0.6%, both extending gains to a fourth straight session.

Germany and France said they were set to begin inoculating their citizens with the Pfizer-BioNtech vaccine in the last week of December, once it is approved by the European Medicines Agency.