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Announced Tue, 21 Jul · 13:41 IST

Global Market: European shares edge higher as tech, miners lead gains amid earnings focus

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AI summary

European shares edged higher with the pan-European STOXX 600 index rising 0.3% to 641.39 points, led by technology stocks (up 1.4%) and mining stocks (up 1.4%) tracking higher copper and gold prices. ASML climbed about 3% and ASMI gained 2.5% as investors positioned ahead of key US tech earnings including Alphabet. Oil prices retreated from one-month highs on reports of renewed US-Iran diplomatic efforts, though supply concerns persisted after Yemen's Houthi movement announced a blockade of Saudi Arabia.