STOXX 600 erases war losses on peace hopes and AI rally
The STOXX 600 rose 1% to a two-month high as hopes for a U.S.-Iran peace deal and lower oil prices lifted markets. Tech and banking shares led the recovery.
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Xurve View
The STOXX EUROPE 600 1C closed 1% higher at 631.63 points, erasing all losses triggered by the Middle East conflict. The index finished less than 1% below its February record high as peace talks between the United States and Iran advanced. Investors are pivoting back to risk assets as falling energy costs and AI growth outweigh regional geopolitical tensions.
