European Stocks Rise Following Wall Street Records and China Real Estate Rescue

European stock markets showed broad gains influenced by a rally on Wall Street and positive developments in the tech sector, including Nvidia's significant investment in OpenAI. The pan-European Stoxx 600 and other indices like the FTSE 100, Germany's DAX, and France's CAC 40 experienced modest increases, supported by gains in companies such as LVMH, Siemens, and Schneider Electric. Wind energy stocks, notably Orsted, surged following a favorable U.S. court ruling allowing the resumption of a major offshore wind project near Rhode Island. Despite overall market optimism, some sectors like France's services and manufacturing faced contraction, and certain stocks such as ASML Holding and Adidas saw declines. Investors are also closely watching Federal Reserve commentary and economic data releases, while geopolitical developments, including the potential timing of a U.S.-China summit, continue to influence market sentiment. Taiwan's stock market reached record highs amid the tech rally, reflecting broader positive momentum in global equities.