ReferIndia News European Shares Surge: AI Optimism and Easing Middle East Tensions Drive Gains

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European Shares Surge: AI Optimism and Easing Middle East Tensions Drive Gains

Published on: June 30, 2026, 10:26 p.m. | Source: Devdiscourse

European shares experienced their largest quarterly rise in over five years, attributed to optimism around AI and easing Middle East tensions. The STOXX 600 index noted a 0.9% increase, driven by significant gains in the technology sector. Analysts anticipate potential European interest rate hikes by year-end.

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