European Stocks Edge Higher Today
European stocks edged higher on Tuesday, with the STOXX 50 and STOXX 600 both up 0.1%, supported by a tech-led rally on Wall Street and optimism over AI following news of an Nvidia–OpenAI partnership. Traders also awaited fresh PMI data from Europe's largest economies. France disappointed, with both services and manufacturing slipping into contraction territory. On the corporate front, LVMH (+0.5%), Siemens (+1%), Schneider Electric (+1.9%) and ABB (+0.7%) booked gains, while Orsted surged more than 7% after a US court ruling cleared the way to resume work on the Revolution Wind project off the Rhode Island coast. In contrast, ASML Holding fell 1.5%.(ads)
Source: Trading Economics.com