The STOXX 600 gained 0.4% to 638.66, led by chip stocks, while Brent crude fell to $75.94 as investors tracked U.S.-Iran tensions and potential disruption to shipments through the Strait of Hormuz.
European shares edged higher in choppy trading, with the STOXX 600 up 0.4% at 638.66 by 0710 GMT as technology stocks rebounded, led by gains in Siltronic, Soitec and ASML. Broader global markets were mixed to higher, with Asian indexes mostly advancing and European benchmarks showing a mixed picture, while oil prices eased even as traders monitored U.S.-Iran hostilities and supply risks tied to the Strait of Hormuz. Brent crude fell 0.5% to $75.94 a barrel and U.S. crude dropped 0.5% to $71.71. AstraZeneca fell 8% after Wainua, developed with Ionis, missed the main goal in a late-stage trial.