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European stocks rise further on tech support

European stocks rise further on tech support

European stocks closed significantly higher at the end of Tuesday's session, supported by positive developments in mediation efforts between the United States and Iran, along with strong performance in the technology sector. The Stoxx 600 Technology sector index jumped 2% to reach 992 points, marking its second consecutive session of gains. Diplomatic easing has alleviated concerns over inflation linked to energy prices ahead of the European Central Bank's meeting to decide on interest rates. Additionally, major European stock indices recorded notable increases: the Stoxx Europe 600 rose by 0.56% to 643 points, the FTSE 100 increased by 0.58% to 10,585 points, and the German DAX advanced by 0.66% to 25,011 points.

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