European stocks rose for a third consecutive session on Tuesday, with the STOXX 50 gaining 0.5% and the STOXX 600 advancing 0.7%. Investors continued to look past higher oil prices and the standoff between the US and Iran, while bond yields remained at multi-year highs. The technology sector was among the top performers, led largely by semiconductor stocks, following a Reuters report that Anthropic is making a major bet on AI transforming the global economy and that public investors will help finance its expansion. ASML Holding (2.8%), STMicroelectronics (2.5%), Schneider Electric (2.3%), Infineon Technologies (2%) were among the top gainers.