European shares pare losses to trade flat as Iran diplomatic hopes cool oil

AI Summary

European shares recovered from early losses to trade flat to slightly higher as diplomatic progress in the Middle East eased energy market pressures. The STOXX 600 index rose marginally, with mixed performances across London, Germany, and France markets.

European shares pared early losses to trade flat-to-higher on Monday afternoon, after a diplomatic breakthrough in the Middle East cooled global energy markets and triggered a late-session reversal across regional indices. The pan-European STOXX 600 index rose 0.1%, bouncing back into positive territory. London’s blue-chip FTSE 100, fell 0.4%. Germany’s DAX gained 0.2% and France’s ...