Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
European stocks remained flat on Tuesday as gains in defence stocks balanced losses in the technology sector, which faced pressure from escalating U.S.-China tensions over semiconductor restrictions.
The pan-European STOXX 600 inched up 0.07% as of 0816 GMT. Technology stocks were the biggest laggards, dropping 0.9%, amid reports that the U.S. plans to tighten semiconductor export restrictions on China. Semiconductor giants STMicroelectronics and ASML slid 1.4% and 1.6%, respectively, while AI-exposed stocks Schneider Electric and Siemens Energy lost 1.3% and 2.2%.
Consumer goods leader Unilever saw its shares drop 3% after announcing CEO Hein Schumacher will step down, to be replaced by CFO Fernando Fernandez.
On the other hand, the European aerospace and defence sector surged over 1%, driven by reports that Germany’s potential new chancellor, Friedrich Merz, is in talks to approve €200 billion ($209.44 billion) in defence spending. German arms manufacturers Rheinmetall, Hensoldt, and Renk climbed 2.6%, 2.5%, and 6.1%, respectively.
Industrial conglomerate Thyssenkrupp soared 6% after its CEO confirmed plans for a shareholder meeting ahead of a warship division spin-off.
Investors remain cautious as geopolitical tensions and economic uncertainty continue to drive market fluctuations.
