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2026-05-29 15:47:43
[European Stocks Rise Slightly, US-Iran Deal Prospects Boost Market Sentiment] ⑴ European stocks rose slightly on Friday, with the Stoxx 50 up 0.4% and the Stoxx 600 up 0.3%, as expectations of a potential US-Iran deal boosted investor sentiment, despite recent strikes and attacks by both sides. ⑵ Reports indicate the agreement would extend the existing ceasefire for 60 days and establish a framework for future negotiations on Iran's nuclear program. ⑶ Meanwhile, preliminary data from France showed harmonized inflation rising less than expected to 2.8%, while Spain's inflation rate met expectations at 3.6%, but both were well above the European Central Bank's 2% target. ⑷ Most sectors recorded gains. For the week, the Stoxx 50 rose 0.6%, and the Stoxx 600 was essentially flat.
