European shares extended their rally to fresh record highs on Wednesday, buoyed by optimism over a potential resolution to the prolonged US government shutdown and a steady stream of upbeat corporate news.

The region-wide STOXX 600 index rose 0.5% in early trading to an all-time high of 583.4, with major bourses in positive territory.

Investor sentiment was lifted after the US Senate approved a temporary funding bill to end the record 43-day shutdown, with markets betting that the measure will secure full passage in the coming days. There were broad-based gains led by healthcare and luxury stocks, after a positive brokerage note on Novo Nordisk and speculation of a C

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