Europe: Stocks Rise to 6-Week High.

The Stoxx 50 advanced more than 1% on Tuesday, hitting a six-week high as investors grew optimistic that Middle East tensions could ease following signals from President Trump that the US may be open to negotiations with Iran. ASML Holding gained over 1.5%, while LVMH rose 0.9% despite a weaker quarterly update that missed expectations in the previous session. L’Oreal added 1.1%, Siemens climbed 3.9%, Schneider Electric rose 2.4%, and Banco Santander advanced 2.9%, while Linde slipped nearly 3%. The broader Stoxx 600 also rose 0.9% to a six-week high, supported by gains in Novo Nordisk, up 3.7% after announcing a partnership with OpenAI aimed at accelerating drug discovery through AI-driven analysis and faster development timelines, and Nestle, which gained 1.5%. Shell fell almost 3% as oil prices eased on hopes that peace talks could continue despite ongoing tensions and a blockade. Attention now turns to upcoming earnings from ASML and Hermes.