European shares surge as US-Iran peace talks progress and oil prices fall

Amman, July 2 (Petra) — European equity markets closed higher across
the board on Thursday, with major indices recording noticeable gains
driven by advances in most sectors, falling oil prices, and progress
in peace negotiations between the United States and Iran.

The pan-European STOXX 600 index climbed 1.4% by the close of
trading, according to CNBC data.

Meanwhile, Britain’s FTSE 100 rose by approximately 1.6%, France’s
CAC 40 advanced 1.65%, and Germany’s DAX jumped 2%.

Most regional sectors finished the session in positive territory,
except the technology sector, which dropped roughly 2.4% at the
close, capping the market’s broader gains.

//Petra// AF