India, June 30 -- German stocks moved higher on Tuesday with renewed optimism surrounding Artificial Intelligence triggering some buying in the technology sector.
Data showing an unexpected increase in Germany's retail sales, lower oil prices and hopes that the European Central Bank will not hike interest rates anytime in the foreseeable future contributed as well to market's firm undertone.
Oil prices drifted lower despite clear divergences emerging in the statements from both sides regarding whether the U.S. and Iran would hold talks in Qatar today.
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