FX.co ★ European Stocks Rebound

European stocks advanced on Tuesday, with the STOXX 50 up 2.4% and the STOXX 600 gaining 1.8%, marking their first increases in three and four sessions, respectively, amid optimism that the conflict with Iran may soon be resolved. US President Trump said the military operation in Iran could conclude shortly and is progressing well ahead of the initial four- to five-week timeline. At the same time, oil prices fell below $100 per barrel after Trump signaled several potential measures to keep energy costs in check. All sectors traded in positive territory, led by technology and financial shares. ASML Holding climbed 4.5%, HSBC Holdings advanced 2.9%, Hermès gained 2.3%, Siemens rose 3.3%, and Banco Santander jumped 4.4%. Volkswagen added 2.7% after the company said it expects profitability to improve this year, while Hugo Boss surged 5.1% following fourth-quarter profit and sales that topped market forecasts.