European equity markets closed at new all-time highs on Wednesday, with Paris and Madrid leading the charge.

The CAC 40 index in Paris edged up 0.03% to settle at 8,669.30, improving on its previous record.

Spain’s benchmark index also reached a new peak, closing at 20,057 points, reflecting broad-based optimism across the continent.

Spain’s benchmark index also reached a new peak, closing at 20,057 points, reflecting broad-based optimism across the continent.

In contrast, sentiment on Wall Street was more subdued.

US futures pointed to mixed trading as investors adopted a wait-and-see approach ahead of a pivotal week for global markets.

The divergence highlights a cautious stance among US traders despite the bullish momentum in Europe.