European Stocks Up 0.6% Amid US‑China Summit

European equities rose Thursday, with Stoxx 600 +0.6%, DAX +1.2%, CAC 40 +0.8% and FTSE 100 +0.4%.
Tech stocks led gains as ASML (+2.5%) and STMicroelectronics (+4.6%) rallied on AI optimism and the US‑China summit.
Burberry fell 5.8% after announcing no dividend and warning of an uncertain macro environment for fiscal 2027.
Allegro’s Polish e‑commerce unit upgraded its outlook, boosting its shares, while Brent crude rose above $105/barrel, stoking inflation concerns.