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⑴ European stocks rose in Thursday trading, with the STOXX 50 index up 0.5% and the STOXX 600 index up 0.4%, supported by a slight decline in oil prices and improved market expectations for a broader agreement with Iran. ⑵ Market sentiment was boosted after the United States stated that Israel and Lebanon had agreed to a ceasefire, provided that Hezbollah also stopped hostile actions. LVMH rose 2.0%, L'Oréal gained 1.5%, Hermès was up 1.9%, and SAP rose 3.6%. ⑶ B&M European Value advanced 6.5%, posting gains for a second consecutive session and leading the STOXX 600 index; Puma gained 5.9% and Capgemini was up 5.4%, also among the top performers. ⑷ Meanwhile, tech and AI-related stocks came under pressure due to the weaker outlook from US chipmaker Broadcom. ASML fell 0.2% and Infineon was down 2.8%.

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Glonhui June 4｜Dragged down by Broadcom's sharp decline, optical communication concept stocks collectively fell in U.S. pre-market trading. Among them, Broadcom dropped 12%, POET Technologies dropped over 6%, Nokia dropped over 5%, Marvell Technology dropped over 4%, Corning and Lumentum dropped over 3%.