European stocks pause near record high; Middle East, economic data in focus By Reuters
• European stocks have paused near record highs as investors shift focus toward Middle East tensions and upcoming economic data. • LSEG estimates indicate that second-quarter STOXX 600 earnings are expected to rise by nearly 21%, a significant increase from the 12.5% forecast in early May. • Individual stock movements were mixed, with Plus500 rising 2.1% on strong half-year core profits, while Vistry plummeted 12.2% following reports that Allianz is cutting supplier credit cover by up to 70%.
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