European stocks were a tad higher on Friday, even as the abrupt cancellation of U.S.-Iran peace talks added to uncertainty over efforts to secure a lasting truce in the Middle East conflict.
After Israel and Lebanese Hezbollah traded blows overnight, French Foreign Minister Jean-Noel Barrot said that the United States needs to pressure Israel to halt its "hostile" actions in Lebanon.
The pan-European STOXX 600 was up 0.2 percent at 638.24 after falling 0.3 percent on Thursday.
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Market Analysis
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.