European equities seen making only modest gains as Iran conflict and limited AI exposure weigh
A Reuters poll of 14 analysts conducted May 19-26 projects that European stocks will post only modest gains through the end of the year, with the STOXX 600 forecast at 645 points - roughly a 2.6% increase from current levels. The survey highlights the economic drag from the Iran war, the potential for ECB rate hikes amid rising energy prices, and E…