European Stocks Rise for 3rd Session
2026-03-18 08:20
By
Joana Taborda
1 min. read
European stocks rose on Wednesday, with the STOXX 50 gaining 0.9% and the STOXX 600 adding 0.4%, marking a third consecutive session of gains.
Investors remained focused on key monetary policy decisions this week, including the Federal Reserve’s announcement later in the day.
Meanwhile, renewed optimism around AI and a decline in oil prices helped lift market sentiment.
Iraq reached a deal to resume exports via Turkey’s Ceyhan port, easing concerns over supply disruptions linked to the Iran war.
The US also stepped up efforts to push for the reopening of the Strait of Hormuz.
Also, Nvidia’s CEO highlighted a rapidly emerging AI project, OpenClaw, as a significant advancement in human interaction with AI.
Tech, financials and industrials were the top performing sectors.
ASML Holdings soared 2.5% and HSBC added 1.2%.
Shares of Diploma jumped about 17% to top the STOXX 600 after the company raised its fiscal 2026 guidance.