European Stocks Gain on Iran Diplomacy Hopes as U.S. Markets Retreat on Economic Worries| MarketReader Minute
European equities advanced Tuesday, led by a 1.5% jump in Germany’s DAX, as optimism over possible U.S.-Iran negotiations boosted sentiment. Meanwhile, U.S. stocks fell amid renewed inflation concerns, rising Treasury yields, and a higher-than-expected 5.0% unemployment rate.