European shares edge higher as tech stocks offset oil pressure

STOXX 600 rises on tech strength; oil and bond yields remain a drag

European shares climbed ​on Tuesday, supported by technology stocks, although higher crude prices and elevated bond yields capped ‌broader gains.

Global Market: European stocks edge higher, tech shares lead gains

European shares rose 0.3%, led by technology and semiconductor stocks, as investors responded to Anthropic’s AI expansion plans and potential $2 trillion valuation. Gains were capped by higher oil prices, elevated bond yields and Middle East tensions. Markets awaited U.S. job openings and euro zone consumer confidence data for further economic signals.

European Markets Climb Higher as Anthropic IPO Speculation Energizes Tech Sector

TLDR Technology shares pushed the STOXX 600 higher on Tuesday following positive AI sector developments. Chip manufacturers rallied after reports emerged of Anthropic preparing for a potential IPO with a valuation exceeding $2 trillion. Crude prices maintained elevated levels amid unresolved diplomatic tensions between Washington and Tehran. Swiss chocolatier Lindt saw shares tumble approximately 7% following a downward revision of its 2026 rev…