European indexes rise as U.S.-Iran tensions ease
European stock markets climbed on Monday, buoyed by a temporary pause in escalating tensions between the United States and Iran. The UK's FTSE 100 rose 0.54%, Germany’s DAX gained 1.36%, and France’s CAC 40 added 0.92%. Positive economic data from Sweden and Finland also contributed to improved investor sentiment. In Sweden, the annual growth rate of lending to households increased to 3.2% in June, signaling stronger consumer activity. Meanwhile, Finland reported a rise in its manufacturing confidence indicator for July, suggesting optimism among manufacturers about future business conditions across Europe.
Topics: economic indicators Europe stock markets