Euro Stocks Bounce as Global Bond Selloff Eases

European stocks rallied on Thursday after three straight sessions of losses as the global bond selloff eased. Investors are now looking to upcoming U.S. economic data for clues on the Federal Reserve's next policy moves.

The pan-European STOXX 600 index rose 0.2% to 646.96, with regional indexes mixed. Germany's DAX gained 0.1%, while Spain's index jumped 0.5%. France's CAC 40 dipped 0.1%

Soitec led the gains, surging 10% as the French chip materials maker raised its revenue growth outlook for the second quarter of 2027 to 50% year-on-year from its previous forecast of 30%

The recent escalation of the Iran war has pushed oil prices higher and amplified concerns about persistent inflation, swelling government debt, and tighter monetary policy.