European stocks balance blockbuster earnings against escalating U.S.-Iran conflict By Investing.com
European shares traded near flat as strong earnings offset uncertainty on U.S. rates and renewed U.S.-Iran strikes. STOXX 600 was near unchanged, with Germany’s DAX down 0.2% and France’s CAC 40 up 0.6%. Shell reported $9.8B adjusted Q2 profit, more than doubling. Societe Generale, BBVA, Amundi, Schneider Electric, and Sanofi rose; Renault and BMW were weaker.