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Market Impact: 0.38
Europe’s STOXX 600 gains as tech rallies, oil retreat eases nerves
Source: Investing
Energy Markets & PricesGeopolitics & WarMarket Technicals & FlowsTechnology & InnovationTrade Policy & Supply ChainInflationCapital Returns (Dividends / Buybacks)
The STOXX 600 rose 0.56% to 638.98 as oil prices fell for a fourth straight session on expectations of greater Gulf supply and possible diplomacy around the Iran conflict. Lower crude pressured energy shares by 0.62% but lifted travel stocks 0.86%, while technology gained about 2% on chip-stock strength. Investors are awaiting the Trump-Xi meeting for trade signals; Nordnet rose 4.6% after announcing a buyback, while Ipsen fell more than 6%.
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