European indexes rise as U.S.-Iran pause lifts sentiment
European stock markets climbed on optimism following a temporary de-escalation between the United States and Iran, which improved investor sentiment. Major indices such as London's FTSE 100 (UKX), Germany’s DAX, and France’s CAC 40 all posted gains of over 0.5%. In addition to equity market performance, economic data from Sweden showed an increase in annual household lending growth to 3.2% in June, while Finland reported a rise in its manufacturing confidence indicator for July. The broader Stoxx 600 index also rose across the continent, reflecting improved risk appetite among investors amid reduced geopolitical tensions and positive regional economic signals.
Topics: economic indicators Europe stock markets