The market optimism follows President Donald Trump’s decision to call off planned strikes against Iran, a move that immediately tempered volatility in energy markets. With the risk of regional conflict subsiding, capital flowed out of defensive positions and into growth-sensitive sectors.
Travel and leisure stocks led the charge, with Lufthansa and Air France posting significant gains as investors bet on lower fuel costs and stable demand. Banking institutions, notably Barclays, also outperformed, while industrial players Legrand and Schneider Electric saw steady appreciation. The energy sector stood as the lone exception, trailing behind as crude prices recalibrated lower.
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