European stock advanced as 2017 trading started in earnest on Tuesday. Britain's FTSE 100 hit a new record high of 7,196 points and was last up 0.33%. Germany's DAX and France's CAC 40 also advanced, rising 0.1% and 0.48% respectively. Commodity-linked stocks jumped as oil and metals prices gained after upbeat Chinese factory data . The U.S. dollar index racked up its biggest rise in almost three weeks, climbing 1%.