Germany's DAX hits 2016 high, boosted by Wall Street and earnings

Germany's top share index hit a new high for 2016 on Tuesday as European shares advanced for a fifth straight session, boosted by new highs on Wall Street and strong results from companies like Munich Re. Germany's DAX closed up 2.5 percent, having hit 10,701.33, its highest level since the last trading day of 2015. The STOXX Europe 600 was up 0.9 percent, in positive territory for a fifth straight session.