Europe’s STOXX 600 on track for biggest quarterly gain in over five years on AI boost

European markets are soaring, marking their best quarterly performance in over five years. Optimism surrounding artificial intelligence and a de-escalation of Middle East tensions are fueling the rally. Technology stocks, particularly chipmakers like ASML and STMicroelectronics, are leading the charge, with Siemens Energy also seeing a significant boost. Easing oil prices further support the positive sentiment, making this a strong quarter for investors.