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The Economic Times

Anupam Nagar

Global Market: European shares climb as earnings, US-Iran diplomacy lift sentiment

Iran United States Novo Nordisk Sandoz Siemens Energy Mining

European stocks advanced on Wednesday as investors weighed a fresh batch of corporate earnings while closely tracking diplomatic efforts between the United States and Iran that could ease geopolitical tensions and help reopen the strategically vital Strait of Hormuz, according to a Reuters report.

The pan-European STOXX 600 index was up 0.4% at 659.29 by 07:20 GMT, with gains supported by optimism surrounding the ongoing U.S.-Iran talks.

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