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European stocks steady amid bond market recovery
European stocks stabilized after three days of losses, following a decline in selling pressure in global bond markets. The session saw sector-wise variations, with shares of utilities and mining companies rising, while automotive and energy stocks declined. The French semiconductor company "Sweek" stock increased by 11%, and "Deutsche Telekom" shares rose by 1.7% after news that the Elliott Fund had acquired an investment stake, which helped stabilize the "Stoxx Europe 600" index at 646 points. The "FTSE 100" index increased by 0.10% to 10,765 points, and the "DAX" rose by 0.10% to 25,865 points. Meanwhile, the "CAC 40" index declined by 0.20%, closing at 8,264 points.
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