FX.co ★ European Stocks Hit New Record Levels

European stocks inched higher on Tuesday, with the STOXX 50 up 0.2% and the STOXX 600 rising 0.1% to new record highs. Investors remained focused on corporate earnings and largely looked past another increase in oil prices, despite growing uncertainty over a potential US-Iran agreement. Sentiment toward the technology sector stayed positive after Intel raised $20 billion in an upsized share offering and Nvidia outlined plans to secure $500 billion in financing for AI infrastructure. Among major tech names, ASML Holding gained 0.9%, SAP added 0.8%, Infineon Technologies rose 0.1%, and Schneider Electric advanced 0.2%. The energy sector also traded higher, supported by stronger oil prices: TotalEnergies climbed 1.3%, Shell gained 1%, BP rose 1.5%, and Eni advanced 2%.