France's CAC 40 and Germany's DAX rallied on Wednesday as geopolitical tensions eased, with all sectors except oil and gas closing higher.
France's CAC 40 and Germany's DAX gained 2.9% and 2.2% as markets rose broadly, except oil and gas stocks.
European stocks mostly rose but the FTSE 100 fell, dragged by oil majors BP and Shell. Investor focus shifts to AI productivity gains.
Shell and other European giants report earnings this week as Gulf fatigue shifts focus to corporate results.