FX.co ★ European Stocks Edge Higher

European stocks traded higher on Tuesday, with the STOXX 600 up 0.5% and the STOXX 50 advancing 0.2%, rebounding from a subdued session on Monday as developments in the Middle East continued to dominate sentiment. Oil prices eased amid reports of renewed mediation efforts between the US and Iran, despite fresh attacks in the region. Investors also focused on the latest batch of corporate earnings while awaiting the ECB’s monetary policy decision later this week. Tech, energy, and mining shares outperformed, with ASML Holding rising 2.4%, TotalEnergies 1.6%, ABB 1%, Schneider Electric 1.1%, and Siemens Energy 1.2%. Novartis added 1.5% after posting softer earnings but higher Q2 sales.