European stocks closed higher on Wednesday, bouncing back fairly well from previous session's losses, as investors reacted to earnings and looked ahead to the U.S.-China summit in Beijing, in addition to following the developments on the Middle East conflict front.
The pan European Stoxx 600 climbed 0.79%. The UK's FTSE 100 moved up 0.58% despite political uncertainty. Germany's DAX and France's CAC 40 gained 0.76% and 0.35%, respectively. Switzerland's SMI closed 0.71% up.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.