STOXX 600 reaches one week high as tech stocks advance

The STOXX 600 rose 0.8 percent on Thursday led by a 2.6 percent jump in technology stocks. Investors monitored US-China talks and ECB interest rate signals.

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The STOXX 600 rose 0.8% to 616.05, reaching a one-week high as technology stocks led a broad-based rally. The Germany DAX climbed 1.3%, outperforming regional peers following strong cloud growth projections for SAP SE. Investors are weighing European tech gains against geopolitical volatility in the United Kingdom and high energy costs.

Tech Sector Drives Regional Gains

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