European shares steady as tech weakness offsets US-Iran optimism
EFA•Individual stock moves
Among other stocks, AstraZeneca gained 1.7% after the drugmaker topped second-quarter profit expectations and reaffirmed its 2026 forecasts.
Vodafone advanced 4.9% after the telecom firm raised its outlook to reflect its recent purchase of a controlling stake in Kenya's Safaricom, and said it expects to deliver results at the upper end of its revised range.
Zabka fell 9.6% after Japan's Seven & I Holdings decided not to proceed with a potential investment in the Polish convenience store operator.
Fed decision and U.S. tech earnings remain in focus
"The resilience of European stock markets is being driven by this reversal in oil prices, and it may last a while if we keep seeing crude prices come down," Chris Beauchamp, chief market analyst at IG, said in a note.
