European stocks steady amid Middle East updates
European stocks steadied as attention remained on developments in the Middle East. The STOXX 600 index edged up slightly by 0.1%, reaching 622.68 points, after clashes between Iran and Israel paused and oil prices declined. The European Central Bank is expected to raise interest rates by 25 basis points at its upcoming meeting, with a focus on future monetary policy. The healthcare sector experienced the weakest performance, falling by 0.8%, while technology stocks rose by 0.9%, supported by stability in AI-related shares.
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