Reuters survey: Iran war and absence of AI may limit further gains in European stock markets
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```htmlGolden Ten Data reported on May 27 that a Reuters survey shows that, against the backdrop of economic shocks caused by the Iran war and the lack of popular AI concept stocks in the European market, European stocks may have difficulty achieving further significant gains for the rest of this year. According to the median of a Reuters survey of 14 analysts conducted from May 19 to 26, the STOXX 600 index is expected to end the year at 645 points, only about 2.6% higher than current levels. The blue-chip STOXX 50 index is expected to rise only slightly more than 2%. The 6.1% gain in the STOXX 600 so far this year was almost entirely recorded in the first two months of 2026, before the outbreak of the U.S. and Israel war with Iran. The survey shows analysts expect the STOXX 600 index to continue rising slowly in 2027. The median market expectation shows the index will reach 670 points by mid-2027 and 694 points by the end of 2027, representing increases of about 6.6% and 10.4% respectively from current levels. Analysts also expect that, due to the lack of popular AI-related stocks in the European market, its performance will continue to lag behind other markets. Although European tech stocks have risen nearly 20% this year, their weighting in the STOXX 600 index is only about 10%.```
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