European stocks rise as bond yields fall
European stocks rose today after three days of decline, supported by the a failure of bond yields to stabilize and a retreat from the global sell-off. The Stoxx 600 index increased by 0.5%, reaching 649.1 points, with most indices advancing. Leading the gains was the French semiconductor company Swetek, which raised its growth forecast to 50% for the second quarter of 2027, up from an earlier projection of 30%. A decline in oil prices below $95 a barrel and easing of bond yields in the Eurozone alleviated market pressures. Investors are now awaiting upcoming U.S. employment data and future central bank actions, amid concerns over the impact of geopolitical tensions and rising inflation.
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