London: European stocks were steady on Tuesday, amid a cautious mood dominating global markets as important bilateral talks between the US and Iran continue, while investors await signals on the impact of the shift to artificial intelligence on traditional business models. The Stoxx 600 index was steady at 819.22 points, with gains recorded in most sectors, while defense company shares fell 1.2 percent.
According to Qatar News Agency, Antofagasta Mining's annual core profits jumped 52 percent, but its shares declined 3.2 percent due to lower copper prices. The market's focus remains on the ongoing discussions between the US and Iran, which are critical for investors seeking clarity on geopolitical risks and their potential financial implications. Additionally, there is growing interest in understanding how the increasing integration of artificial intelligence could transform existing business models across sectors.