European Stocks Hold Steady as Earnings Offset Geopolitical Risks

ByFegea

European stock markets traded mostly flat as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East. The STOXX 600 index edged lower, with gains in selected technology and advertising stocks helping limit broader market losses.

Chipmaker ASML advanced after reporting solid results, while Publicis gained on strong demand for AI-powered marketing services. Meanwhile, industrial group ABB slipped despite announcing its $5.5 billion acquisition of Rotork, and Rotork shares surged following the takeover offer.

Investors also monitored higher oil prices and ongoing Middle East tensions, which continue to raise concerns about inflation and global economic growth. Market attention is now shifting to additional corporate earnings and upcoming economic data for fresh direction.

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