European Shares Surge As Tech Stocks Rally On AI Optimism

Industry

โดย RTTNews·Read original

Summary · why it matters

European stocks moved higher on Tuesday as technology shares rebounded on renewed AI optimism. The pan-European Stoxx 600 jumped 0.6 percent to 639.82, with Germany's DAX surging 0.9 percent, France's CAC 40 marginally higher, and the UK's FTSE 100 advancing 0.4 percent. Technology stocks including Infineon, STMicroelectronics, and ASML Holding rose between 2 and 3 percent. ECB Chief Economist Philip Lane said in Sintra that second-round effects from higher energy prices may take time to appear and policymakers will not lock into a rate path. Oil prices traded lower, heading for a second monthly decline.