European stocks rose on Tuesday, with the STOXX 50 Index up 0.6%.
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- European stock markets rose on Tuesday, with the STOXX 50 and STOXX 600 indexes both climbing 0.6% after registering declines on the first trading day of June.
- Investors took advantage of the recent pullback to enter the market, while evaluating the sustainability of the global rally driven by technology and artificial intelligence sectors.
- Market participants remain focused on developments in the Middle East, where negotiations continue to fluctuate and the Strait of Hormuz largely remains closed.
- Meanwhile, attention has shifted to preliminary eurozone inflation data, with overall inflation expected to rise to 3.2% and core inflation projected to accelerate to 2.4%.
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